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

To: Zeev Hed who wrote (78121)	6/6/2001 11:22:07 PM
From: t2	Read Replies (1) \| Respond to of 99985

Zeev, Actually, I stick with my plans if things stay on track. I was expecting a rally in my latest plan and so far we got it and my upside target is around 2400 to 2500 by June 22. Most think it is too high. I feel very confident of it. (of course I could be wrong..won't be the first time<g>) If something changes, I have to revise. So far nothing has triggered a revision since the beginning of last week. MSFT Appeals Court decision is factored into my targets because of its influence on the Nasdaq. Sometime this month is when it comes out according to most people...could be any time. If the Nasdaq does hit my target, I am betting that it will sell off in the last week when the FED rate cut decision is made. The "Greenspan put" will not really be in play at those levels in the Nasdaq, imho. "Greenspan put" is only good around Nasdaq 2000 is my thinking.