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Strategies & Market Trends : The Millennium Crash
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To: bobby beara who wrote (2161)2/6/1998 9:50:00 PM
From: bobby beara  Read Replies (2) of 5676
 
Anybody Game? Calling the Peak contest:

Winner gets Britt's 5 month old PBJ and a diet soda -g-

My call 9350 - May 6, 1998 (bulls will be doin the hat dance por cinco de mayo -g-)

Why? We have broken out to new S&P highs on heavy volume out of a bullish pennant (summation index also breaking to the upside out of bullish pennant, showing breadth is following), some wavers call this triangulation period -Aug to late Jan.- wave 4. . .wave sequence starts off 1990 lows, now entering the twilight zone of wave 5. Crash can't occur till ALL indexes have re-established new highs and are overbought (like Oct 97, except this time it will include precious metals - xau also)

Silver is now in a wave 5 breakout and check out what happened roughly 5-6 months prior to October 1987. kitcomm.com

Peter Lynch and Warren Buffet have both jumped on the precious metals band wagon - smart dudes! Heck with them Fiats. Buffet bought at the perfect time, right at the end of the strongest of waves (Wave 3 - late 94 to August 6th, 97) when silver was at it's lowest price.

Anybody have stories or knowledge about the Hunt bros. and silver in 1980?

beara sezs big Kahuna happened in Indonesia, Korea etc. Oct 97, but BIG Kahuna will be sometime in early summer bwdik.
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