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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (16610)6/9/1999 9:00:00 PM
From: dennis michael patterson  Read Replies (4) | Respond to of 99985
 
Wow, Dow 14,000. That seems nuts to me. But Favors nailed it last year. He blew the bottom in October, however. Bearish all the way up.



To: Don Green who wrote (16610)6/9/1999 9:21:00 PM
From: HairBall  Respond to of 99985
 
Don Green: Thanks for posting that Link...

I have not read a Jerry Favors that I could understand until this one. Dennis Michael Patterson use to post his updates, but I could hardly understand what he was saying. I have not seen a Favors update since DMP stopped posting them months ago.

Favors take is pretty much in line with my own. I am not sure about the numbers, but the time frames sound right. Now, I have to think about weather the similarities in expectations is good or bad...<g>

Regards,
LG



To: Don Green who wrote (16610)6/9/1999 9:55:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 99985
 
I think he may be right... nothing will happen until after the FOMC meeting, then a huge rally in both stocks and bonds in July and August... get ready now..... on further weakness, I'll be buying more bonds.....

GZ



To: Don Green who wrote (16610)6/10/1999 1:15:00 PM
From: Yogizuna  Respond to of 99985
 
Favor's cycles COULD be inverting here, with a low into the 21st, and then a short rally into the 25th, with more bear after. BWDIK? Yogi