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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Tom Hua who wrote (17663)3/12/1999 8:10:00 PM
From: Kailash   of 18691
 
Tom, that's hilarious. But there are better reasons for the Dow to fall than the wacko predictions of Acampora - the advance/decline line is particularly ominous. Watch it dropping steadily since early January; it's now below where it was at the October mini-crash. Fewer and fewer stocks supporting a higher and higher market - and now the cycling out of tech stocks. The Dow is like the second Terminator in the end scene - making desperate efforts to get out of the smelter and being inexorably drawn in... I always got a kick out of the Terminator's last-second crazy transformations.

Check out charts and commentary at fiendbear.com

Kailash
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