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


To: Jerry Olson who wrote (41860)3/1/2000 8:38:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
5000 before 3500



To: Jerry Olson who wrote (41860)3/1/2000 11:01:00 PM
From: Dwight E. Karlsen  Read Replies (1) | Respond to of 99985
 
we at P&F have an upside target of about 5900????

Are you talking about a year-end target, as I was in my post that you responded to? If so, then that target equals an avg of 111.6 pts per month from today's level.

Figure 22 trading days per month not counting holidays, and that's 5.1 pts per day.

OJ, either you're talking a 5900 target for the next 30 days, or else you don't realize how fast and furious the Nasdaq is blowing off, uh, I mean going up. Even if you were talking about the next 22 trading days, that's still only ~50 pts per day. The naz is going up twice that fast. You must have meant Nas 5900 in 10 trading days???