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


To: Vitas who wrote (14953)5/25/1999 11:26:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Vitas, from an elliot prespective on the 1% chart, the bounce of the bottom was an ABC corrective rally and we are now entering wave 5 down which should be brutal.

I said last year on the stock attack thread that dell would be a $10 stock in 1999 and everybody gave me hell over it.

It will be there, no problem.

If things play out the way I think, we will have a mega drop too 74-8200 in July sometime, then a right shoulder into September then a crash to the 4000 level in October.

they will use they will use the y2k thing as the excuse.

Galbraith will tell you the real excuse is excess speculation. The one thing that bothers me about this forecast is we do not have the tallest building in the world at this time.

bb