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

To: MythMan who wrote (4448)	9/1/1999 1:28:00 PM
From: Arik T.G.	Read Replies (1) \| Respond to of 5676

Yes, everything is still on track. After 3 1/2 days of strong continuous down movement, the SPX is forming a rising wedge. Should crack down from around 1331-1335 (right around here), but 1340 is allowed. 1350 OTOH is too much and will abort the count. NASDAQ was very strong in the recent sell off but I take consolation that it started very strong in '87, too, and paid it all back later in the crash. I expect tomorrow to be down, and Friday to be down even stronger. Last two Labor day holidays were a cause for celebration in the market (It rallied big time). Methinks this time is different (-g-). T+33 and counting. ATG