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Strategies & Market Trends : The Stock Market Bubble

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To: Roger A. Babb who wrote (683)	6/23/1998 4:39:00 PM
From: bobby beara	Read Replies (1) of 3339

Roger, I just saw Stan Harley, top market timer on local biz channel. Sezs a cluster of fibonnaci number days clustered around June 16th (besides the 55 days from April 22 I noted). 144 was one, can't remember the others. Called this a major turning point and noted the very oversold indicators. He's calling for Daq 2000 and SPX 1235 in the next 5 months. (from the look of this leap out of the gate, I think much sooner -g-) I saw this guy in early January and he was bullish, calling for a big rally, then he was on April 20th and called for a 7-8% correction. Wouldn't bet against this guy. He sezs this will be a big cap rally and especially likes retail. With the Nasdaq at 2000, yahoo will have to go to at least 200 -ggg- bb

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