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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: Temple Williams who wrote (75980)4/26/2001 1:19:57 AM
From: Mike M  Read Replies (2) of 99985
 
Temple, I am not falling on my sword about a rally tomorrow. I heard an awfully good case for (5-3-5 zigzag/abc) run down to 1187 (47 points) on the S&P if today's 1234 holds...for the b wave. That fills the gap which I think is a likelihood...then a run to test 1254 again. Sounds like your alternate wave.

I suppose the market will have to act it out rather than just hand it to me... <g>
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