MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: StockOperator who wrote (14947)	5/26/1999 6:49:00 AM
From: donald sew	of 99985

StockOperator, From my short-term cycle analysis, I have the first major bounce arriving the 3rd week of JUNE. If you recall I had targeted a short-term top during the first week of MAY and then near MEMORIAL DAY, and that was several months ago. If the 9-month cycle works that arrives around JULY 8. So I am expecting some sort of a bottom during the 3rd week of JUNE, then a sizeable upswing, then more selling ending around JULY 8, then a big rally towards mid JULY I have CLASS 1 BUY signals accross the board with the buy-in at todays lows; however I am not expecting a strong bounce but still tradeable for the very nimble. As you know my analysis is not geared for price targets but geared towards time. seeya

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