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Strategies & Market Trends : The Millennium Crash
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To: Stingray who wrote (532)8/28/1997 5:03:00 PM
From: Rarebird   of 5676
 
Historically, when a capitol gains tax cut is passed, the S@P declines anywhere from 10-12% over the next 3 months. It then moves substantially higher after that. People I know are astute traders and investors who pick very carefully entry and exit points. What do you make of the Russell 2000 being up today and hitting an all-time high? Do you also think it means nothing? If you study stock market history, you will find that it is a Signal that the BULL is far from dead and will come back with a vengeance. Don't get lulled into complacency or dogmatism! Bear Markets or crashes have never begun while the Russell 2000 or small caps were rising. This BULL may have a case of the flu, but it will regain its former health.
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