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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

4:00 PM EST

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To: Dennis O'Bell who wrote (71896)	3/12/2001 2:13:42 PM
From: Stcgg	Read Replies (2) of 99985

Nasdaq Target is 500 by Oct-01 (90% Decline).. One last bounce off tomorrow's crash.. Today's selloff too orderly.. Today's decline needs to eat away at all those mutual fund buy and holders overnight - huge margin calls tomorrow! Tonight or tomorrow, they all call in with their sell orders.. Turn date is March 13! If history holds true, after the panic, we get a 1-3 day bounce to be followed by wave 5.. In a bear market crash, wave 5's are the longest wave, very similar to wave 5's in commodities.. >><<

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