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


To: LTK007 who wrote (43396)3/16/2000 10:11:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99985
 
Hey Max, long time no see, where have you been hiding?

I think that after initial down volatility tomorrow, which everyone will call "profit taking" we should resume this advance, with some hesitation into the March 21st Fed meeting, and then continue up for 3 to 5 weeks, before we get the techies ready for their own pre summer doldrums. Unless the FED's come up with a major surprise of continue raising rates into the elections, I see after a May/June retest of the 4500 or so in the NAZ a powerful summer rally leading into the election (timing cloudy still, but a good bet would be just post the next triple witching third week in June).

zeev