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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.04

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Dec 9 4:00 PM EST

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To: Eddy Blinker who wrote (78140)	6/7/2001 9:21:17 AM
From: Zeev Hed	Read Replies (1) of 99985

Actually, Eddy, on the Steve Channelling thread", a more detailed timing is given from time to time (and of course is corrected as rapidly when proven wrong). Right now the "scenario is a mild decline into expiry to just under 2050 or so, and then a hard hit down to the 1850 area before the FOMC meeting (either the Friday or Monday prior to), then a mild rally to just after the 4th of July, and another hard hit into a major bottom in August. We will see if that scenario evolves. I doubt it will be as accurate as the February Massacre scenario which said "get out no later than 2:15 PM on Jan 31st" (g). Zeev

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