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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: J. P. who wrote (9597)	3/31/1999 6:36:00 PM
From: donald sew	Read Replies (1) of 99985

JP, >>>> If you look back on the nasdaq since 1995, the cycle is always off the 200 day moving average. 6 times in a row, the Nasdaq has cyclically bounced off it's highs back to the 200 day moving average, before moving up to new highs. finance.yahoo.com^IXIC&d=5ym <<<<<<< I am in agreement, and to further support your observation, here are the 9 month cycle bottoms since 1995: JULY 99 OCT 98 JAN 98 APR 97 JULY 96 OCT 95 JAN 95 Now compare those dates with that chart, and you will see a strong correlation. Also notice that the downswing to the 200 DMA/9-month bottom starts approximately 3 months prior, so in this case its right about now. You know what is amazing is that I have given to all my investor friends, and many of them are brokers, a copy of a similar chart showing the 9-month cycle, and guess where they ended up - YEP IN THE GARGAGE. So when I hear that so many are bearish, Im just befuddled - I must be from Mars. Hope that was of help. Seeya

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