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

To: StockOperator who wrote (11898)	4/23/1999 3:44:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

SO: I was expecting a rise into to April and a medium-term top with a strong bounce testing the previous highs, before heading some what lower, but not the "BK". I believe that will be down the road. I felt a correction in April would be healthy for the Market. The NDX did correct about 12 percent and the DJI only around 4 percent. If this is it for the DJI, it was less than expected. If the DJI and NDX push to new highs, this Market could well jump forward significantly from this point, but that might move my analysis for the top closer rather than further away. Both the DJI and NDX are challenging the previous intraday highs and a decision is near...repel or propel...<g> Regards, LG Disclaimer: My posts are my opinions only and I reserve the right to be wrong on occasion. Do not base any investment decision solely on anyone's views or analysis. Do your own research and take responsibility for your own investment decisions.