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

To: Rarebird who wrote (4506)	9/26/1999 8:33:00 PM
From: Bilow	Read Replies (1) \| Respond to of 5676

Hi Rarebird; I'm still alive, I'll book mark the thread and watch you guys duke it out. Being wrong about a market top for three years is long enough. Right now I'm long cheap small caps. (Did you see the article in this weekend's Barrons on manufactured home stocks? They are going to pop on Monday...) -- Carl

To: Rarebird who wrote (4506)	9/27/1999 9:59:00 PM
From: tekgk	Read Replies (1) \| Respond to of 5676

Some old and familiar names in that list. What ever happened to Mohan? I haven't had time to read or post much this past year - been too busy with some of the companies that I have started to take advantage of this mania. At this point, I am sure glad I was wrong about the mania ending last year. I hope it lasts another year or so - this is some of the easiest money ever made. Hire a dozen Java programmers, brew up some code that does something with wireless and e-commerce and presto a year later get a valuation for 30 mil - much easier than day trading and keeping up with these boards. Completely nuts - sales, profits - no one seems to care. I keep assuming that it's going to end and that whatever I have going will go to zero - until then party-on and oh ya, don't forget to spend some the gains on insurance like the kind advocated by rarebird.

To: Rarebird who wrote (4506)	9/28/1999 11:34:00 AM
From: Arik T.G.	Read Replies (4) \| Respond to of 5676

Hi Rarebird, Mohan, Bobby, Bilow, John, tekgk, tippet and all, What a reunion. Since 8/97 the market has consistently narrowed. Different sectors peaked at different times, and the techs were the last engine to stall. The momentum peak for the market was in April 1998. The A/D line peaked and developed a sharp downtrend since decisionpoint.com I have mentioned before my finding that the A/D line bottoms at market bottoms, but it peaks at the momentum peak- the end of the 3 of 3 Elliotte wave. Here's my LT EW count with the A/D tops and bottoms Message 7450830. I later revised the count itself a little siliconinvestor.com, but the 3 of 3 A/D line top The R2k also topped 4/98, and its rally from the October '98 low looks like a bear market rally. If one was to look at the chart of the NYSE stocks above their 200 dma alone-http://www.decisionpoint.com/DailyCharts/Current200dma.html- one could easily deduce that the market entered a bear in the 4th Q of '97 and never recovered since. Got to go, will continue tomorrow Nice to see the ole gang together. SPX 900 in December remains my target. It broke the 1280 neckline and points to immediate minimal target of 1140. Then we get a rally in November and another sharp down leg to early Dec. I think ST target 1240-60 today or tomorrow, then correcting to 1260-80 (two-three days), then down to 1140 in two legs, first should be 60 points, second bigger. ATG