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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (61420)	1/5/2007 7:58:20 AM
From: ajtj99	Read Replies (1) \| Respond to of 116555

Haim, the markets should be up going into expiration this month. That doji on the 3rd was the end of the correction out of December, IMO. On the NDX, the move the out of the 1732 lows Tuesday is almost half-way to the high I anticipate in January. From there we should have a 2-3 month ragged, zig-zag correction that should move down to around 1360 SPX and 1666 NDX. Then we should be up the remainder of 2007, with a pause in late summer to consolidate between 1480 SPX and 1432 SPX before moving to 1553, IMO.