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

To: dennis michael patterson who wrote (36576)	1/4/2000 12:53:00 PM
From: Doo	Read Replies (2) \| Respond to of 99985

Most of my short term stuff points to the recent low at the end of Nov. beginning of Dec. as a bounce point. That's a LONG WAY down for the Nasdaq.

To: dennis michael patterson who wrote (36576)	1/4/2000 1:21:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

Dennis, it's not what i predict...i'm merely noting that the cycles as seen by the Bradley indicator are looking up from 01/19. there is still the possibility of a cycle inversion. we'll have to see what happens until then, i.e. if 01/19 is indeed a low or a high, and what other indicators are saying at the time. also the Fed's determination in draining excess liquidity is important. if i were a betting man, i'd bet on them wavering...<gg>