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

To: Les H who wrote (567)	12/6/1998 9:05:00 AM
From: j g cordes	Respond to of 99985

Thanks Les.. Moore does forward futures analysis based on pattern recognition and projection.. this is a snipit from their projecting higher targets in the months ahead: "In comparing the October/November closes for each of the last 16 years(Total Years), Scenario found that the June S & P 500(CME) also closed higher in November than October in 10(Cond Years) of those years. Of those 10, SPM went on to exceed the November high within the next 2 months in 10 years(Action Years) or 100%(Pct) of the time. Therefore, the historical odds are high that the SPM should exceed 1218.60(Scenario Objective) by no later than the end of December. If it does so, Scenario would further project (based on normalizing those previous 10 years) a potential move toward 1271.72(Average Objective). " Note 1218 by end of December, and if it does, then potential move to 1271. mrci.com // Go to scenario analysis section. Jim