Replies to post #6755 on MDA - Market Direction Analysis (MDA)

[positiontrader]

I have seen you post a couple of times about your expectations for a bull run here. What do you base these expectations on?

Cheers



Kevin


Kevin,

1)The almost as severe as the 29-32 bear that lasted 32 months ending in OCT,2002.Bull Markets come after Bear Markets.

2)The 1 year (with distorted Right shoulder) Inverse Head and Shoulders Pattern that should take us to 1350 on the NDX by early June,then a correction.

3)Th 3rd year of a Presidential term.Very Bullish by history.

Regards

Marc