MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.28

-0.5%

Dec 1 4:00 PM EST

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To: bobby beara who wrote (13102)	5/6/1999 10:10:00 PM
From: Lee Lichterman III	Read Replies (1) of 99985

You are correct, I did forget to post that he stated that was a reason that also appears to have come to an end. The end result is the same, the inflation monster is knocking at the door and pretending like no one is home will not make it go away. All this bearishness said, though I don't have my charts done yet, I think a bounce should come before too long to suck in a few little guy dollars. An unscientific trend I have noticed this year so far is that the time cycle for rallies and drops seems to be running about a month to 6 weeks ahead of last year. If the trend continues, we should put in Last years July top around the end of May and crater hard by June. Good Luck, Lee

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