Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jjs_ynot who wrote (9733)	4/3/1999 7:58:00 PM
From: Bull RidaH	Read Replies (2) \| Respond to of 99985

Dave, Thanks. It sounds like you are well aware of IIX's importance in the bigger scheme of things. When it peaks and recedes, so will nearly all net stocks and the general markets. I've got triple confirmation that it will reach 325 then die. Since it is 310 right now, it won't take much to get there. Hopefully the market will join it and cover the final 5% gain at the same rate. I expect it to be there by Friday the 9th, as that day marks a 26 day cycle high. I believe the IIX could make its way to the 210 area, and the SPX to the 1180 area in a multi-month correction, then the bull resumes. As always, correction calls are iffy guesswork and subject to change at the first sound of rumbling hoofbeats or amorous bhumbos. <g> Regards, David