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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: re3 who wrote (70571)10/20/1999 6:23:00 PM
From: pater tenebrarum  Read Replies (1) of 86076
 
Ike, whether we crash or not, the fact remains, we COULD crash anytime....i have seldom seen a market more nicely set up for just such a development.
of course, most crash calls never come true since crashes are such rare events.
as to the current market, if it doesn't crash it will still be a bear market, of that i have no doubt at this stage.
considering the wild mania that has characterized the blow-off from last October's lows however, a crash is not really out of the question.
the organized support of '29, the equivalent of today's PPT also gave way in the end.
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