The Millennium Crash Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Millennium Crash

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: yard_man who wrote (3986)	3/7/1999 5:41:00 AM
From: Arik T.G.	Read Replies (3) of 5676

tippet, I agree that the NASDAQ is the weaker part. NDX big caps have problems resuming their exponential rise. >> DOW 10,000 amd then what? Maybe a version of what happened after DOW 1000 (November 1972). >>Consensus a wekk or two ago was that we were headed for a collapse or at least a serious slide beginning at that time. That was wrong. Well, the SPX tried to break the support line and failed. It tried really hard, but couldn't. The trading range since the beginning of the year looks a lot like April - June 98. In April of last year the Russell 2000 topped, now the NDX topped 2/1 and looks like it will be extremely difficult for it to reach new highs. So one can expact a narrow rally to new highs, like June - July of last year, led by the "low" P/E smokestack Dow companies, which apparently took the leadership from the NDX high flyers. ATG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next