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To: NOW who wrote (65543)2/6/2003 5:20:08 PM
From: Cynic 2005  Respond to of 209892
 
In 1986, failed at liftoff and blewup. A year and half later (in Oct 1987) the stock bubble failed at liftoff and crashed.
In 2003, Columbia was returning from up above and had a catastrophic failure and blew up.
In 2003, the stocks are still returning from a trip to da moon....

Eerie similarities. Spotting the problems in Challenger and Columbia is rocket science and perhaps too difficult. Spotting the bubble in the stock market isn't a rocket science. Too bad we lost the lives of our atronomers. Worse, many are going to lose their life savings.



To: NOW who wrote (65543)2/6/2003 5:41:03 PM
From: John Madarasz  Read Replies (2) | Respond to of 209892
 
theres a couple different things that say the possibility of a short blast here exists...

If we have a strong day tomorrow, and a couple other indicators line up...i think we could be in a situation where the possibility of a short covering rally puts us at the top of the range near 855-865 by next wednesday/Thurs.

Then the bigger trend exerts itself back down into the Feb 2oth Option Expiration Bradley lows

this would be too good to be true if it happens, poetic, that's my play tho, too long in tooth to chase down here hoping to catch a waterfall, no risk reward

a really bad day tomorrow and a close on the SPX below 830-825 could be very negative imo

27 Trading day turn comes tomorrow , this cycle has a +/- 3 trading day variance per analysis of the Master...Stan Harley.