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Strategies & Market Trends : The Millennium Crash

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To: JDinBaltimore who wrote (4730)	12/8/1999 2:54:00 PM
From: Arik T.G.	Read Replies (4) of 5676

Okay, This mania is certainly in its final stages. NASDAQ volume jumped to 1.2 Billion shares on 11/3 and made that a base. It has recently settled just under 1.5 Billion shares a day. It could come close to 2B but I expect it to surpass 2B shares on the other side of the cliff. IMO relief rally on y2k simply cannot be bigger then a sigh. The worst of all scenarios is happening- the investing community is ignoring y2k. If nothing happens, then it is already factored in, OTOH any disturbance will catch investors unprepared. There will be a crash, then a big bear market rally, then big depression and severe bear market, in that order. ATG

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