SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Arik T.G. who wrote (5106)4/18/2000 11:12:00 PM
From: yard_man  Read Replies (1) | Respond to of 5676
 
Thanks -- always enjoy reading your take ...

Does e-wave require some specific time for a move to be satisfied? -- this was a rather rapid retrace -- change you POV any?



To: Arik T.G. who wrote (5106)5/2/2000 9:45:00 AM
From: Arik T.G.  Read Replies (3) | Respond to of 5676
 
Bear rally completed
Here's my prediction from 4/17:
>>Looks like everything is set for a bear rally. It can take one of two shapes:
The classic shape is two-three weeks time with the NDX reaching close to 3860 but nothing over 4000.
The non classic will be a dead cat bounce of two-three days with the NDX not crossing 3600, probably not over 3500 either.
So far it seems to me the odds favor the classic scenario, with the NDX coming close to 3860

The NDX was briefly at 3870 yesterday before turning back.
Now is the time for the bear to show its ugly face again.
Next target- lower then the April low (NDX 3107). Then a longer bear rally.

ATG