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

To: HairBall who wrote (15127)	5/27/1999 2:56:00 PM
From: briskit	Respond to of 99985

This correction so far amounts to roughly one-half the correction which began last July. The bull remained intact. So the question now is how to tell where we are, right? At this point last July we still had 50% of the short term correction ahead of us, and took about a month to begin the final drop from 1300-1400 rally to 1120 or so, looking at weekly charts. Of course, it ran right back up to 1400 again, then back down. So we have that going for us, which is nice (ggg-a little Caddy Shack there).