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Strategies & Market Trends : The Millennium Crash

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To: GROUND ZERO™ who wrote (3355)	8/31/1998 8:35:00 PM
From: bobby beara	Read Replies (1) of 5676

Thanks GZ, were you aware that this is the largest, fastest drop off of a price peak in this century? I have been brushing up hard on my t/a and the one indicator that has stood in my mind is price and momentum. First there is a momentum peak, then a price peak. We had a momentum peak in July of 97 and a price peak (irrationally higher prices) in July of 98. I believe we may get the reverse here. We have fantastic momentum building on the down side. I believe we are in for much lower (irrationally lower) prices on the horizon. bb

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