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


To: Terry Whitman who wrote (4344)1/20/1999 5:59:00 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
TW, here is my MDA, I believe we are in for something similar to last year. We are in the period for the 9 month cycle to make and intermediate top and I think we are in the process of doing that right now, so we should consolidate/correct into March and then rally into April.

Yes we have H&S patterns that project to Dow 11,400 but nothing is written in stone, we had a pattern on the Nasdaq that projected to 1000 in October, and it never made it.

I was correct in my exhaustion call on the NUTZ:
techstocks.com

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