MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who started this subject	6/17/2002 1:33:27 PM
From: da_cheif™	Read Replies (1) of 19219

One measure of sentiment....lmazoff CRAWFORD...CRASH IMINENT Category: General Interest From: arch (Arch Crawford) To: ALL Date Posted: June 16, 2002 at 23:16:51 Subject: CRASH this week, my guess We have strong indications of a Market Crash on June 20, 21 &/or 24th. THe setup is similar to 1987, where going into Option Expiration was a fairly bad down. Institutional option writers don't want to lose too much on the puts and may attempt to hold the line on the downside. Fri Oct 16, 1987 DJIA -135 in the A.M. (very bad down day), but they brought it back up on the close to only off -108. Monday after expiry: "Who Cares" DJIA was down -508, largest ever. We would not be surprised to see DJIA -1000 to -2500 from now to next Monday-Tuesday. Whether we get "Worst-case" or not, we remain 200% Short using Full Margin, for the duration. Arch Crawford Crawford Perspectives

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