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Strategies & Market Trends : The Millennium Crash

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To: Arik T.G. who wrote (1852)12/26/1997 10:05:00 AM
From: bobby beara  Read Replies (1) of 5676
 
Hi Arik, Santa Claus is a myth, just like BK -ggg- bwdik.

Santa Claus didn't come to call (first time in 7 years, no rally day before Christmas), so WILL the Bears crawl on Broad and Wall??? bwdik.

DOW on the climb this morning but dipsters are not nibbling on the Post Christmas Lemon Merinque Soft Pie.

This MSFT chart is almost a duplicate of the Merck chart before it's slide in the early 90's, when the Clinton health care smacked the drug stocks. Similarly, today we have government action pointed at Soft - another Mark Twain rhyme? bwdik.

Merck snapped back to the neckline (would be around 129 for msft) before it began it's slide in earnest. Might be a good call candidate to watch, for a pop back to the neckline in the next several trading sessions. What do you think a good support would be? 100 -g-

Second day in a row for minor change reading in NYSE McClelland Oscillator (-1), setting up some possible fireworks for Monday or Tuesday. We had three consecutive minor change readings before 270 point spill. bwdik. Could go the other way. If we break 7580 on Friday I don't think so bwdik.

BWDIK - nada - called wolf so many times, the bulls are lulled into an egg nog stupor.bwdik.

Oh ya, I got an indian wolf ring for Christmas (no kidding!) Goldilocks are you safe? -ggg-

Thoughts?

bwdik. bobby beara -ggg-

Prospero Ano Nuevo
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