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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

Nov 20 4:00 PM EST

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To: bobby beara who wrote (1232)	12/10/1998 5:10:00 PM
From: donald sew	Read Replies (4) of 99985

Bobby, >>>>>>> 8650 next stop <<<<<< I just calculated that the 38% FIBINOCCHI retracement of the 1980 gained from this runup from 7400 to 9380 would target 8630. Close enough to your 8650. The DOW first needs to break the support at 8750, which is quite possible. Boy, I missed this call. Seeya

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