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Strategies & Market Trends : The Millennium Crash

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To: Arik T.G. who wrote (1762)	12/13/1997 2:27:00 PM
From: Tom Trader	Read Replies (1) of 5676

Hi Arik re >>The window of opportunity for the market to drop was Sep-Oct, and is now closed<< Do you mean that because the decline you were expecting did not occur -- the window in effect closed? >>Next window will open end Jan and close mid Apr '98. Presumably this is the same concept then -- in which case do you see the market rallying into January - April time-frame and then a decline of some magnitude. If so, what determines these windows, the lengths and the time-frames?? >>The market will have to make use of it, and collapse, otherwise we're gonna see things never seen before even in the greatest bubbles in history (Dow 20000 in two years)<< Now again, why would it have to occur in these time frames or else we are destined to see a rally of unparalleled proportions?? As always, you know the spirit in which these questions are asked. BTW, your scenario is one that fits into one of the cycles that I understand calls for a major bottom to be established in the mid-98 time-frame and then significant rally that should last well into 1999. This is when some Ellioticians believe that the epi-center of primary wave three will kick in and will cause the most stupendous rally imaginable -- which will create all of the usual elements for a top -- and that will end the bull market. Do you subscribe to this view?? The question for me in relation to this -- if this cycle pans out -- is whether the top in the market has now been seen and we head down into cycle low or whether there is one more rally before the real decline begins. I get the impression that you think that a major top is set to occur in the Jan -April time-frame--am I right?? Regards

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