MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 684.84

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4:00 PM EST

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To: HairBall who started this subject	12/26/2000 10:41:20 PM
From: da_cheif™	Read Replies (2) of 99985

1342 on the mar spooz is the target for wednesdays minor cycle high....the major cycle low due on friday or monday shud see the gap at 1318 filled then the wave structure should be ready for a rip to the upside...the dj 65 composite is leading the way....somebody said it was the worst year ever for the naz....funny thing the naz is about where it was a year ago....it's those intervening humps in the charts that gets everybody frazzled just like the 87 hump...both B wave tops....the number of stocks making the new 52 wk high list on the big board has been steadily .climbing for a year......now pressing 500...btw that gap at 1318 is right at the 75% retracement level of last weeks advance....

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