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Strategies & Market Trends : The Millennium Crash
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To: Arik T.G. who wrote (1582)11/13/1997 8:19:00 AM
From: Rarebird  Read Replies (2) of 5676
 
It looks like a Bear, it sounds like a Bear, it even ticks like a Bear. But I wonder whether it is the beginning of a vicious Bear Market yet! As some of you already know, a close below 6975 and we are officially in a Bear Market. There is no longer a debate about that. I still hold to my Dow 10,000 by early next year before we retrace at least 50%. I'm looking for a double bottom at about Dow 7000 before the last great rally of the century takes place. The World is truely enveloped in Darkness at the moment. Negativity has been ruling lately. Greenspan has been summoned to Capitol Hill to transform this negativity into a negation of negation. When almost no hope is present and the Bearish Executioner is firing at will, that is the time to be careful and watch for the great human bullish light to surface....
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