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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Tom Trader who wrote (3738)9/10/1998 9:43:00 AM
From: Arik T.G.  Read Replies (1) of 44573
 
Tom,

1. Re- Panic point.

I believe that we will first witness the pros and semi pros panic.
The public will sell later.

2. The MER executive comment.

"Fascinating", Mr. Spoch used to say, and ofcourse "It's life, Jim, but not as we know it"

3. Key dates for bottom.

I believe we'll have the short term bottom of the 3 wave on Monday , and the 5 will take us to a slightly lower bottom somwhere around Tuesday the 22nd. I had those dates calculated from E waves and comparison to '29. After the crash phase is over, expect a big rally for 2 months or so. Then the REAL bear.

3. >>I am flat the system and looking to go short.

Don't forget to extend the profit taking this time :o)

ATG
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