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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: StockOperator who wrote (3521)1/9/1999 6:55:00 PM
From: Doug R  Read Replies (4) of 99985
 
SO,

The IHS breakout on the Dow this week activates a target of 11,400 in 6 months. 10K by the end of Jan. is just the beginning.
The utility avg still has another 60 or 70 points to go to its target. The chart is setting up for a breakout to begin that leg. The utility avg. is still a good 6 month leading indicator IMO.

iqc.com

Doug R
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