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Strategies & Market Trends : The Millennium Crash

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To: Thomas C (Hijacked) who wrote (1432)	10/28/1997 8:08:00 AM
From: Cage Rattler	Read Replies (1) of 5676

Tom: Things seem to be falling into place. Doesn't this quote from today's Investor's Business Daily remind you of 1929? -- President Clinton got updates on the stock market from Treasury Secretary Robert Rubin and remained confident about the country's strong economic fundamentals, his spokesman said. ''The president is confident the fundamentals of the American economy are strong. . . . That's what matters most,'' said spokesman Mike McCurry. He described yesterday's drop as ''a bare fraction of major breathtaking drops in the past.'' Yea, right. Question -- What is your estimate, based upon your 1927 and 1987 correlation analyses, for the first counter-trend rally? Favors cautions in his analysis this morning, not to be surprised by a 200-point upswing. Your thoughts please. The advance-decline ratio yesterday was amazing 2975:155 or 19:1. How about that? Feels good to be with S&P Puts and Zeros! Interesting times. Ciao, Ted

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