MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 685.66

+0.2%

4:00 PM EST

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To: JRI who wrote (70703)	2/28/2001 7:46:58 AM
From: Zeev Hed	Read Replies (1) of 99985

So far, no reason to change that (AG speech might), but the same scenario also expects after a possible lower low today a mini rally to just under 2400 (2388, nominal) and then a retest on March 9th, hopefully holding above today's low. Then a good sized rally to mid April (nominal top April 16th, just under 2850), with quite some resistance from the 2575 area, and probably the 2388 area as well), thus not a "clean" up moon shot. Zeev

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