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Strategies & Market Trends : The Stock Market Bubble

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To: yard_man who wrote (1205)8/26/1998 8:57:00 PM
From: bobby beara  Read Replies (2) of 3339
 
Tipster, I don't think the big one will happen till we close under the 200dma on the SPX for a day or three (which is about 1058 today). A lot of funds will start churning at that point and give up on the 10% dipster mantra. Intel Pentium II sell programs anyone? -gggg-

We market mavens who follow the NYSE and are in the know -ggg- (or is that no -g-) have considered that since the hard hat and greasy spoon waitress NYSE index has already fulfilled that dictum, the glamor indexes are sure to follow -g-

We are still in the indecision zone between 1106 and 1056.

bb
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