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

To: Jerry Olson who wrote (46501)	4/15/2000 1:48:00 PM
From: Jerry Olson	Respond to of 99985

One last musing....or 2-3... here's my best guess.... DOW down 200-300 very early, to 10,000 SPX down 30 points.. S&P's down 60-70... then we rally back up 50% of the total selloff from the recent run up...after last Tues slam when i was away... the NAZ maybe 100 points more to the downside... i'd hazzard a guess on the DOW to 10,850ish...very very fast.... good luck to the group....

To: Jerry Olson who wrote (46501)	4/15/2000 3:17:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

BB...BOTTOM!!!!! ok jerry theeeeeeere you go agaiiiiiiiiiiin -g- get that trigger finger off the caps lock, or you'll destroy the whole western civilized world -ggggggg- actually after looking over the figures and the charts, i can get a possible five waves down completed friday or early this week on nasdaq from the recent swing high, we got a 95% down volume day on nasdaq, also i believe the nyse rally is over for a while and we might get some of that bifurcation again and see a naz rally - BUT BABY READ THIS CAPS and go back and look at michael watkins chart of the indexes from 1975. If this rally materializes, i believe it will be a countertrend rally with more downside to come. the pimple top in nasdaq is bad news for tech bulls, who were 90% of the investing public at the top, lots of supply, lots of people buried underwater, who will sell the rallies. stoopid b