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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Haim R. Branisteanu who wrote (74742)4/11/2001 9:18:58 PM
From: ajtj99  Read Replies (1) of 99985
 
Haim, if someone gave a 12-month target for the SOXX, it might be 1200 if a rally starts late this year.

That said, there should be major downside in the near term.

They analyst never said they were calling the absolute bottom, only most likely that the situation looks better now than it did when they downgraded them (most likely last September and December).

Haim, I know you don't like manipulation in the market. Well, unless I can change the system, I work with what's here. That said, I'm happy to participate in a manipulative rally going into options expiration.

Now if I can just get some QQQ April 39 calls tomorrow at $2.00, I'll have a great weekend.
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