MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.43

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To: Saulamanca who wrote (73068)	3/22/2001 1:53:56 PM
From: CharlieChina	Read Replies (1) of 99985

Just passing through. There is an excellent probability of a very good rally on the NASDAQ that may take shape over the next few days that may take the index to 2250 to 2500. In addition, the S&P 500, as well as the Dow Jones may also come along for the ride. This should rally take us to around April 9 to 16. At that point, the market floor on the S&P 500, Dow Jones, and the NASDAQ should be gone. The capitulation of 38% to 50% on all three markets should materialize from that point and blood will be in the streets by May of 2001. Just in time for summer. Sometime this year in 2001 Dow Jones 5000-6500 S&P 500 650-800 NASDAQ 900-1250 May God bless you all

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