MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.43

+1.6%

Nov 10 4:00 PM EST

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To: Zeev Hed who wrote (78098)	6/6/2001 10:28:26 PM
From: t2	Read Replies (2) of 99985

I don't expect the real firework to start much before expiry next week, but we may prepare the ground work by breaching at least temporarily the 2052 level before the end of next week. After expiry, I think we go down and go down hard until the last week of the month, then we may have a mild rally, depending on the "sentiment indicators" in the next decline. Weird!! I have the exact opposite scenario. This is something I had planned out about 1 1/2 weeks ago. The Nasdaq rallies big, right into the week ending June 22. It pulls back significantly in the last week of the month. It is going to be interesting to see how it unfolds. I hope you are wrong. No, I take that back. I hope I am right.<g>

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