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

To: MythMan who wrote (4418)	8/24/1999 9:27:00 AM
From: Arik T.G.	Respond to of 5676

Yep, we went to the 1350s in a rush. Then an intraday H&S failed (a sign of strength) and sent the market higher in the last hr. 1360 is at the edge of the allowance I gave the market within the crash scenario, but now I can stretch it to 1370. The Dow did reach a new high and that leaves me a bit confused. SPX reaching within 3% of the top would abort the count. It really should reverse from here, and the points to watch on the down side are 1344 (trade) and 1321 (close). A close under 1321 will IMO confirm a S.T. down trend. Today is T+27. Next week should be IT, but lets see some confirmations. ATG