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

To: Les H who wrote (3153)	12/31/1998 11:11:00 AM
From: dennis michael patterson	Read Replies (2) \| Respond to of 99985

Les, May I trouble you for the title of the Bressert book? It sounds interesting. TIA

To: Les H who wrote (3153)	2/15/1999 8:13:00 PM
From: stockycd	Read Replies (2) \| Respond to of 99985

All, Here is the link to the cycle projections posted by Les in December. Message 7048750 That would put 2/22/99, NEXT MONDAY, as the 20-week cycle low. My calculations for the major indices have limited downside. (BWDIK?) My absolute lowest (worst case) downside calculations are as follows: DJIA--9062 Transports--3047 NASDAQ--2032 SOX--317 BKX--740 Note these are not price targets, but worst case calculations. Notice that the DJIA, Transports, and the BKX have the most limited downside. I think these will help to prop the other indexes and drive the market higher over the mid-term. Any other thoughts? Edit: I think this will keep us on track for the 9-month cycle low in July. My opinions only... Chris