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

To: donald sew who wrote (31230)	10/24/1999 9:39:00 AM
From: John Madarasz	Read Replies (1) \| Respond to of 99985

In addition, once the bottom is hit in a bear market who knows how long the market will stay at the low levels. In bear markets the rebound does not always happen immediatelly. Good point, and as you've mentioned before, while the end of the broker month is upon us, and investors can expect some push and BTD hype, there is no reason that the market can't take a big hit or grind down in Nov/Dec instead of the oft anticipated Oct. decline, before any seasonality type rally... Im more inclined that if the market does rally strong it has a better chance of such after the NOV FOMC meeting which would also line it up with the XMAS rally on a statistical basis. Statistically, XMAS rallys start from a bottom formed in NOV or DEC Message 11677841 Regards, John Madarasz