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Strategies & Market Trends : The Millennium Crash

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To: Amelia Carhartt who wrote (4263)6/21/1999 3:05:00 PM
From: Arik T.G.  Read Replies (2) of 5676
 
It looks to me like the S&P has already topped, and we're experiencing a strong correction up.
To confirm this, today's high should not be surpassed in the medium term, and 6/11 low (1287) should be taken in a week or two.
When this happens, the crash phase is underway. OTOH if today's high on the S&P (1349) is taken, then the recent rally could hardly be called a correction up, and another bull leg is underway.

ATG
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