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Strategies & Market Trends : Waiting for the big Kahuna
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To: Vitas who wrote (29892)10/2/1998 5:22:00 AM
From: Bull RidaH  Read Replies (3) of 94695
 
Vitas,

I believe we'll see the trin 5 at 20+, and vix at 90+ before this market decline that began after the post rate cut spike up on Tuesday, 9/29 ends. With this collapse coming at the end of the greatest bull market in history, I think we'll have to stretch the limits on the 55 day rule.

Thanks for the warning on the SPX/RUT trend. That's confirmation that it's time to cash in the shorts on the small stocks and use that capital to short the Big caps.

Regards,

David

P.S. Whoa... Check it out... Money flooding out of Equity AND Money Markets!! amgdata.com What do you want to bet the gold and silver coin dealers business is picking up in the last few weeks?
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