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


To: Ilaine who wrote (17698)6/17/1999 2:25:00 PM
From: Bull RidaH  Read Replies (1) | Respond to of 99985
 
Cobalt,

It just needed to correct 20% of the Wave 1 move, which was from 921 (10/8/98) to 1367 (4/13/99), which was a 446 SPX point move. 89.2 points was all that was actually mandatory, or a move to 1277.8.... Hmmmmm... What was that bottom # from a couple weeks ago? (Who says EW doesn't dictate market moves?)

Regards,

David