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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Mike Johnston who wrote (61780)5/23/2006 5:18:54 PM
From: UncleBigs  Read Replies (2) of 110194
 
it's nothing mysterious. the market didn't hold the bounce and sliced through the 200 day like butter.

that triggers a lot of stops.

now the 1987 chart pattern looks eerily similar.

I doubt we get a crash here but who knows. The boat is still lopsided long and the bulls are starting to feel pain.

Watch the Monkey (Cramer) tonight for a clue as to how the masses are going to react tomorrow. I'm guessing not well.
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