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Strategies & Market Trends : The Millennium Crash

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To: Arik T.G. who wrote (3496)9/17/1998 9:37:00 PM
From: bobby beara  Read Replies (5) of 5676
 
Mega kahuna alert.

If the N225 takes out Sept 1 lows on big volume, we are looking at armageddon.

Off the july high there is a definitive 5 wave count into the lows this month, then an abc rally, a drop (wave 1) recovery (wave 2) and yesterdays drop. If we take out the lows on big volume this means that this is wave 3 of this next selling wave down and we are in for some panic.

Look at LYCOS. It is sitting on a perfectly formed symetrcal triangle with the focus of the triangle the base of an h&s pattern that basically points to zero, which is where most of these portal companies will end up -zip zero bk chapter 11.

bb
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