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

To: Arik T.G. who wrote (4557)	10/7/1999 10:27:00 AM
From: John Dally	Read Replies (1) \| Respond to of 5676

Yiiihaaw!!! The BEARS annihilate the SPX: -g- tscn.com

To: Arik T.G. who wrote (4557)	10/7/1999 8:46:00 PM
From: JDinBaltimore	Respond to of 5676

Arik, A post from GROUND ZERO on MDA if you haven't seen it -- pretty interesting. dowguru.com See Ya JD

To: Arik T.G. who wrote (4557)	10/8/1999 11:55:00 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 5676

>>Today we will complete an impulse from 9/28 and will need a 2-3 days correction of at least 15 S&P points, 25 points range more probable, in 2-3 days. Well, we got the minimal 15 S&P points correction from yesteday's high 1328 to today's low 1312. But it was an impulse so I prefer another down leg to SPX 1304 on Monday. The low 1300s will be a cautious buying opportunity IMO, but if we drop under 1298 then the picture turns grim again, so I would recommend first watching if the market holds above 1300 and buying a bit higher. After 1298 the next point to watch on the downside is still 1280 - even getting back there spells a lot of trouble for the market, and breaking it will call for 1140 again. ATG