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Strategies & Market Trends : Waiting for the big Kahuna

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To: Tom Trader who wrote (3562)8/2/1997 10:01:00 AM
From: Arik T.G.   of 94695
 
TT,
I disagree with the term correction. IMO spring correction was the last correction DOWN.
It is true investors are now conditioned to buy the dip, but I can hardly see how could the market reach new highs after a 10-15% drop.
I start to sound like a broken (vinyl) record, so let's try the other approach.
If SPX recovers from 800 to a new high then the tulip mania will surely end with a millennium crash. The bigger they are...

Arik.
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