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Strategies & Market Trends : The Millennium Crash
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To: kahunabear who wrote (574)9/3/1997 9:44:00 AM
From: Arik T.G.   of 5676
 
Not yet,

We still have to visit SPX 820 which is the decision point.
Crossing SPX 900 (in three weeks at the most) will cause BK.
Then
A) we bounce from 820 to 850 and continue downward
B) we bounce from 820 to new highs
C) we cross 820 on the BK and bounce TO 820

I now give scenario A 40% vs. 30% each to scenarios B and C.

BTW- we can still reach 940 on this leg before nose diving.

ATG
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