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To: pater tenebrarum who wrote (52571)7/21/1999 5:38:00 PM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
we need to watch the wave structure in bullion closely... if the first wave takes it above 300.... ho ho... that means it is headed for 400+ (and confirms long bonds is headed for 8%+) stocks will melt to 4K w/ little bounce.

the next three days look pivotal to me.

bond needs to break 6.2 and move to 7.... that will give stocks support at 7000.. then we see if 7% holds or if we make the move to 8 or 9ish as I think we will....

its all about yen :)