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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Kerry Phineas who wrote (4270)6/22/1999 7:41:00 AM
From: Arik T.G.  Read Replies (1) | Respond to of 5676
 
Kerry,

At 10:00 the SPX topped at 1349.11 . It never reached that high mark, though it came very close.

>>what if its taken by .09 points?

Connect the lows of 3/24, 4/19 and 5/17.
You get the trend line that was broken on 5/24.
We could get as high as 1362 without breaking over that line again, but the chart looks more bearish if we start down from here.
The most important point to watch is 6/11 low of 1287.92 . Still some way to go, but if we take it out then I'll be most certain it's CRASH TIME.

ATG



To: Kerry Phineas who wrote (4270)6/22/1999 2:00:00 PM
From: Arik T.G.  Read Replies (2) | Respond to of 5676
 
SPX just brushed against 1350 again, and the SPOO double topped quickly at 1364.
A very good place to short this market IMO.

ATG