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


To: HairBall who wrote (18665)6/28/1999 9:47:00 AM
From: j g cordes  Read Replies (1) | Respond to of 99985
 
Of course I quoted you.. only to condense opinions on this thread. You have to admit there's considerable volume of discussion here which is interesting but difficult to get a clear read from.

Scenario I.

IMO we'll be up through the 10th-12th, perhaps shy of 11,000 again 10900+. Then some news (probably on spending and employment) will create a double top technical call/fall/worry into August.. flattening 10650 area. I'd like to see TYX under 6%, which it may do, then it'll run back up on "some news" spooking the double top formation in the averages.