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

To: Arik T.G. who wrote (5137)	6/5/2000 10:11:00 AM
From: pater tenebrarum	Respond to of 5676

ATG, this jibes more or less with my expectations. looking at SPX and NYA, they don't look like completed structures...i always thought some blow-off type move should happen in the SPX as well before this is over. there's also some cycle work pointing to a rally into July/ August (a pullback this week notwithstanding), followed by a sharp decline in the aptly named fall... remember '87? it took a while for the falling dollar and the rising trade imbalance to un-nerve the market... agree as to who's going to hold the bag. i guess a few European and Japanese investment funds will also be among the bag holders. especially the Europeans are well known for jumping on a trend just as it is about to end. regards, hb