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

To: dennis michael patterson who wrote (3154)	12/31/1998 1:07:00 PM
From: Les H	Read Replies (2) \| Respond to of 99985

"The Power of Cycle/Oscillator Combinations"

To: dennis michael patterson who wrote (3154)	12/31/1998 5:05:00 PM
From: Les H	Read Replies (2) \| Respond to of 99985

You can also visit his site at walterbressert.com . His market cycle commentary from 11/27 is below: A close above 1200 is likely to be followed by a test of1225. A close above 1225 would indicate prices could reach 1275 - 1300 as the 20-week cycle tops in the first half of January. However, the daily oscillators are overbought as are weekly oscillators and a drop below 1186 would indicate the 20-day cycle top is in place and could be followed by a 20-day cycle bottom in mid-December as prices test 1150. Seasonal odds of a higher December are 80%. >>>Not much different from Decision Point commentary.