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Strategies & Market Trends : The Millennium Crash

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To: Arik T.G. who wrote (1882)12/31/1997 2:27:00 PM
From: GROUND ZERO™  Read Replies (1) of 5676
 
Arik,

I don't know if we'll crash. I need technical evidence to convince me. I've never been able to make market forcasts with fundamental information. I'm just not any good that way. I rely entirely on my technicals and just follow what they tell me, and right now the technicals are pointing higher. I'll gladly post when I get any sell signals, much like when I saw the bottom last week and posted that I had a buy. This seems like the real thing and I believe we'll see new highs. If we get any correction after that, I'll wait and see what the market will tell me, but in my gut, I don't see it happening. Rates are too low to make a crash happen. Japan will not sell their bonds.

I want to wish you and all your family the very best for 98. Stay safe, and happy trading.

GZ
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