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

To: Arik T.G. who wrote (61451)	10/26/2000 10:44:34 AM
From: Death Sphincter	Respond to of 99985

that 651 would seem to be a defining #. quite,frankly, I anticipated all the indices to return to that Oct19th blast-o-port opening area, which would be 10,000 DOW. the other guys are there, will the DOW go there now? A hold and reverse there would make a good case for the bulls.

To: Arik T.G. who wrote (61451)	10/26/2000 10:56:51 AM
From: Death Sphincter	Read Replies (1) \| Respond to of 99985

Arik...here is the deal, if it really is a huge Ending Diagonal up from Oct 1998 for the SP and NYSE...and if 1300 was the end of the 4th wave for the SP, then both the SP and NYSE started their 5th up from there. This 5th will be a large violent ABC initially. If we just saw a 5er up on SP/NYSE..as an "A" wave, then you should anticipate a 50-60-70% retrace "B" to support...then a 5er up for "C", thus completing a 5-3-5 internal structure ABC, with nyse "C" getting above that 651 area lets see if it happens