MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.21

-1.1%

4:00 PM EST

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To: Zeev Hed who wrote (61860)	11/4/2000 3:14:30 PM
From: Stephen M. DeMoss	Read Replies (2) of 99985

We are similar in our outlooks near term. My TA & FA analysis sees 3700 +/- 75 points this week. This week would likely be the high water mark for the next 3-4 weeks. Early December a re-test of recent lows (3100 area) which will be an opportunity to get on for (and this is where we differ), the MOTHER OF ALL RALLIES in both the Naz and Dow. This will run into late January. Steve D.

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