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

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To: Tom Trader who wrote (13127)	1/19/1999 3:28:00 PM
From: Arik T.G.	Read Replies (4) of 44573

Hi Tom, Here's my latest forecast: There's 6-7 trading days of upside left, then we'll top around SPX 1290. From there we'll start on what could be an '87 style crash, lasting 4-6 months from top to bottom, and could be a technology bear market with the traditional stocks mostly down to sideways for 1 - 1 1/2 years. Then two more years of bull struggling for marginal new highs, and then 20+ years of bear. So my suggestion is ST flat, and next week buy and hold OOM NDX June or September puts. This scenario holds as long as SPX 1290 comes before SPX 1228, and as long as we start descending before the second week of Feb. Did this rally trigger something on your systems? ATG

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