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Strategies & Market Trends : The Millennium Crash

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To: Rarebird who wrote (4910)2/1/2000 3:38:00 AM
From: Arik T.G.  Read Replies (1) of 5676
 
>>When you start getting excited about a Crash, it is usually time to buy for a short term rally.

Good observation. My recognition of a new medium term trend usually comes just before the first ST correction.

The market bounced back to the broken SPX 1400 from below, but overdid it. Is it too strong ? It did overlap on the 5/1 low.
Maybe we'll move sideways till mid next week. I still believe 2/9 would be the day to short with the trend.

ATG
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