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To: re3 who wrote (61546)	9/13/1999 7:47:00 PM
From: pater tenebrarum	Read Replies (3) \| Respond to of 86076

obviously it is utter nonsense to say that a new bull market began last october. note that a/d and NH/NL NEVER got back to bull market status in the current upleg. it is of course possible that we will continue up into year-end, but is it likely? my answer is NO. if we continue in a trading range until year end, i would expect 2,000 to begin with a giant blow-off, not a crash (we would than trace the '80's Nikkei almost perfectly). however, the complacency and poor internals all suggest that the day of reckoning draws ever closer.