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To: pater tenebrarum who wrote (64521)9/27/1999 6:35:00 PM
From: Defrocked  Respond to of 86076
 
I agree HB, a key ingredient will be additional
selling by other trading desks executing customer
sell orders in size. When Lehman, DLJ, MSDW, Bear Sterns
and GS join in the selling with SSB, Merrill and Cargill,
then Luc will finally be right.<G>



To: pater tenebrarum who wrote (64521)9/27/1999 6:38:00 PM
From: donald sew  Read Replies (5) | Respond to of 86076
 
Heinz and all,

WARNING --- EXTREME CAUTION --- WARNING --- EXTREME CAUTION

As you know I normally do not make strong comments, but I need to come out with this severe warning.

I realise that many are expecting a blow-off top, but I have noticed something, and its with the NEW HIGHs/LOWs. I have gone back 30 years again and I have noticed that the NEW LOWs have not been around the 200 range for such a long time, except during the bear market of the early 1970's.

This warning should not be used as a turning/pivot point, but my suspicion is that within approximately a month, things could get very nasty.

So far the NEW LOWs have been the 200 range for about 1/2 month.

I do have to admit that this is not statistically viable, however I have been examining the NEW HIGH/LOWs long enough to feel that it is still a viable warning signal.

If the NEW LOWs improve and gets back near 100 or better, then this warning will be negated, but if it continues to stay in this range - CAUTION!!!!!!!!!!!!!

Seeya