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

To: dennis michael patterson who wrote (34601)	12/3/1999 10:30:00 AM
From: bobby beara	Read Replies (5) \| Respond to of 99985

Dennis with the spx making a new high today, it appears the rally will now intensify and bring in the last of the holdouts. The spx had a base built around the august and nov 8th top at 1380, on this correction we came down and retested it and made it support and have blasted to new highs, the projection of this base is 1530, nasdaq 4000+? This is going to be favors domed house, however, i doubt the top will be a rounded dome. at some point the fed will have to reign in the money supply and we will have the millenium crash. bb