The Millennium Crash Message Board

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Strategies & Market Trends : The Millennium Crash

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To: Arik T.G. who wrote (5601)	4/1/2002 3:16:15 PM
From: bobby beara	Read Replies (1) of 5676

i don't think so yet, you need a dow blow-off IMO, a spike top like the nikkei dow, not just a sector blow-off. this two year sideways action doesn't fit my picture of how the market would top out (our pictures are wrong sometimes -g-) i was long some nasdaq stocks and some gold stocks, got shaken out on the gap down on the nas stocks, but when the market held up pretty good, and i saw the sector that i think has five waves down (networkers) from the december high, i loaded up with networkers and got rid of my gold stocks. the naz has broken it's downchannel today from the 11th top. big volume in the broadband holders the last two days.

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