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Strategies & Market Trends : The Stock Market Bubble

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To: Box-By-The-Riviera™ who wrote (2020)10/7/1998 11:15:00 PM
From: Moominoid  Read Replies (1) of 3339
 
"Mega Bubble Crash Alert"

The SPX has penetrated below the 34 week (170 days) Bollinger Band for the first time since the beginning of the bull run in 95. At the same time the 34 week mean has begun to decline. In the bull market this kind of move penetrating the upper band has generally been sustained with the band and mean rising for months. This is what happened in the Spring bull-run this year.

David
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