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: Hector who wrote (10099)	4/7/1999 8:33:00 AM
From: donald sew	Respond to of 99985

David, >>>> ! Here's my prediction on the SPX, based a bit on elliott wave and simple trend lines. Current top -1333 Retrace to -1210 Final Top -1470 <<<<<< My system is not great at predicting price movements. My position has been of a pullback from April-early JULY, then an upswing that could set new highs, then the main-top to arrive in the 4th quarter/1st quarter 2000, then a bear market. I do feel that APRIL could produce a 5-10% correction, and could become worse by the summer with a fibinocci retracement of 38%-62% which would be about a 1000-1600 point pullback, if the DOW does not go higher. seeya