The Millennium Crash Message Board

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 : The Millennium Crash

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cynic 2005 who wrote (131)	8/12/1997 1:06:00 PM
From: Arik T.G.	of 5676

Mohan, Good to hear from you. I saw you sneaking around The Big Picture. I'm sorry I found out about that thread too late. Too late because I have little time now to read lengthy posts of economic nature. IMO we're already in a down trend, yesterday afternoon and today's morning comprising a reaction and not action. SPX over 950 will prove me wrong, as I expected this reaction to target SPX 942-948. The market doesn't know it's all over, and tries to act as usual. But bussines as usual attire had to materialize as 100 points up today (as it did after previous drop before Humphry Hawkins). I like it, as I write this we're turning downward with big caps leading the way. PG, JNJ, EK ALD, I now own Aug $1 puts and some $5 puts on all mentioned, and GE 70s Aug and Seps. We might still have a late rally today to SPX 947 or so, to frighten away all remaining bears. Arik.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next