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Strategies & Market Trends : Tech Stock Options
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To: dennis michael patterson who wrote (50397)8/21/1998 9:11:00 AM
From: donald sew  Read Replies (1) of 58727
 
Dennis,

>>>>>>> can today be the beginning of the end? Another Black Monday? Venezuela devalues (maybe); political instability; earnings pre-announcements underway; reports that buyers will not pay up for anything (lots of limit orders); and, most important, the Bradley calls for a top on 24 August. Black Monday in the making? Did you read any of that Princeton stuff yet? <<<<<<<<<<<<<<

If this is the beginning it actually started WED, and it is possible for a BLACK MONDAY, but I am more inclined to say that the timing of a huge 1-3 day decline would occur after we break the 9317 support line.
What I mean is that we would first retest the 9317 support and then fail it, then the possibility of a huge 1-3 day decline like last OCT could occur, and I believe that would not happen immediately.

Seeya
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