SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Millennium Crash
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bonnie Bear who wrote (124)8/11/1997 4:24:00 PM
From: Arik T.G.   of 5676
 
Bonnie and all

I'm most certain we're in a down market already.
References: GE PG KO Dell, all establishing down trends.
Today's correction may continue tomorrow's open , but IMO will not carry through the day, and the market will establish down trend.
This correction's target is IMO SPX 942-948, and medium down trend will take us as low as SPX 815 (around 200 dma).
After that there are two major scenarios:

1. The market continues on bearish trend, grinding down (with slowing economy and lower earnings) to 450 in about two years.

2. The market miraculousely revives, and small caps lead the way to new highs. When small caps become even more overvalued then blue chips at Dow 9500 early spring '98, it's time for the millennium crash.

Arik.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News