MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

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To: Lee Lichterman III who wrote (15383)	5/30/1999 2:24:00 PM
From: James F. Hopkins	Read Replies (2) of 99985

Lee; My call was shooting from the hip at the targets your very likely to be closer than me, I didn't try to fine tune any thing as I'm more into the NDX than the others, it's just that so many people watch the DJI I use it in a ball park way to say we are headed more in a direction than a particular point, and my old 10250 now looks sort of too conservative , but lets keep one thing in mind I called that when sentiment for 12000 was running high, and CNBC was beating the war drums and parading out all the bulls after we crossed 11000.. It was called well before Velvet Jaws Spam gave out his little cautionary note. ---------------- Jim

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