The Millennium Crash Message Board

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Strategies & Market Trends : The Millennium Crash

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To: Haim R. Branisteanu who wrote (2760)	6/12/1998 10:47:00 PM
From: bobby beara	Read Replies (3) of 5676

Haim, I pick straight up. We needed to break support today. in order to continue down. We did on the Nasdaq and rebounded, but we reversed up hard off the SPX support. The SPX is too strong to tank and too many bears left shorting the market to hold up the supports by short covering on sell-offs. Dollar and US Bonds remain strong and the safe haven, when that changes the market goes down. That could happen when Rubin stimulates Japan to keep them afloat, supports the yen and rekindles inflation, in order to stave off deflationary depression. The market needs to capitulate more bears before it makes a final top. Today reminds a lot of January 12th. imho, bwdik, bb

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