MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

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Nov 19 4:00 PM EST

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To: Stcgg who wrote (57550)	8/1/2000 8:58:04 PM
From: Stephen M. DeMoss	Read Replies (1) of 99985

ELLIOT WAVE: From what I understand we are in the last stages of the 5th wave. I read that after an up move to near 4400 (which happened two weeks ago: 4300+?) we would see a move down to the 2800 level on the naz. Does everyone agree that is what the Elliot Wave people would predict and then the big question: What happens AFTER the 5th wave. Do the Waves start over with a nice move up? Or does the theory end there?<G> Any input would be much appreciated by you or any of this boards wizzards. Sincerely, Steve DeMoss

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