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Strategies & Market Trends : The Millennium Crash
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To: bobby beara who wrote (2137)1/28/1998 1:06:00 PM
From: Arik T.G.  Read Replies (2) of 5676
 
BB and all,

The OEX is testing today a strong resistance at 466, with very heavy volume. At the same time the SPX is only 11 points away from its high and NDX blows away after it broke thru the 1029 resistance.
If we do see the OEX conquering 466 today then after the reaction I believe that we're going to witness a classic blow off top in a month or two, with volume on the NYSE over 1B shares a day.
That would set the stage for the MC somwhere in March or early Apr.

ATG
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