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


To: Baghul who wrote (47040)4/18/2000 12:50:00 AM
From: Michael Watkins  Read Replies (1) | Respond to of 99985
 
I think 4400 is possible but to state it so unequivocally is brave of you :)

3734 and 4000 (4000 being darn close to a 38% retrace of the last swing down) seem likely first areas for pause. Course, the bigger the rallies the bolder folks will be, and less cautious, so 4400 might well be met within days if things return to their normal wild state of affairs.