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Strategies & Market Trends : The Millennium Crash

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To: Arik T.G. who wrote (3315)8/31/1998 5:12:00 PM
From: bobby beara  Read Replies (1) of 5676
 
Arik, I really believe the selling momentum is too strong for a retrace to OEX 510, I think we may just continue on to 7000 and maybe even 6300 or lower. The Tech Bubble has a long way to wilt before any buyers will step in IMHO.

A fibonacci wave 1.618 three would be 866 on the SPX. I don't believe we will find support till there.

bb
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