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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 688.93+0.5%4:00 PM EST
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To: Zeev Hed who wrote (81037)7/31/2001 10:22:41 AM
From: Mike M  Read Replies (1) of 99985
 
I remain skeptical with your call of a sharp drop this week. I would submit that we saw a low last week. We would appear to be strengthening today for a sharp up move in the coming weeks. If we hold above 1200 tomorrow, I expect SPX to hit 1260 in the next couple weeks and 1400 in the next 3 to 4 months. How is that for bold if not reckless<g>?
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