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


To: donald sew who wrote (18687)6/28/1999 3:10:00 PM
From: Sunny Jim  Read Replies (2) | Respond to of 99985
 
<<The local low arriving near that timeframe should be the start of the rally into the next cycle.>>

donald, I would be cautious about calling for a rally into the next cycle. If the Fed does increase rates like the signals they have given say they will, it is going to be tough for the market to continue to rally. The next cycle may just be a down cycle. JMHO.