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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.38

+0.1%

Nov 12 4:00 PM EST

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To: CharlieChina who wrote (73381)	4/3/2001 7:28:59 AM
From: CharlieChina	Read Replies (1) of 99985

On a follow up.... You can forget about this week as well. Markets are much weaker than anticipated. The Dow Jones is about to run out of gas within 10 trading days or less resulting in a downward cascading effect on the S&P 500 and the NASDAQ. In addition, we are beginning to enter the seasonal summer period in which equities begin taking their vacations. It is possible we may only get a bounce in the NASDAQ when it reaches approx 850.

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