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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: Haim R. Branisteanu who wrote (3520)1/8/1999 7:50:00 PM
From: StockOperator  Read Replies (4) of 99985
 
What an exciting week!. With market breadth really expanding, I believe a statement was made about the quality of this rally. Paper stocks, cyclicals like John Deere, even gold stocks participated. A week or so ago, I made the statement that I thought the market would "make our heads spin." You may not be dizzy yet, but I believe by the end of this month when everything really catches fire, many will be amazed by an extraordinary rally in all the averages. A very good chance for DOW 10,000 this month. Of course my optimism will always be tempered with fear. So if the bear sticks his head out. I'll be the first one to run for the door.

Good trading.

SO
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