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: kahunabear who wrote (1476)10/30/1997 6:02:00 AM
From: Arik T.G.  Read Replies (1) | Respond to of 5676
 
King Britt,

Forget '87. It's '29 RIGHT NOW.
If we get another down 200 today, SPX finaly staying below the infamous 900, then it's all over. Another 3-4% tommorow, 5+ on
Monday and no more rebounds until way way down.
The violent nature of the first drop (was in Paris and missed the fun)
suggests future declines will be just as steep.

ATG



To: kahunabear who wrote (1476)10/30/1997 10:38:00 AM
From: bobby beara  Read Replies (1) | Respond to of 5676
 
Britt, you're view of the future is as clear as mine.

My tracking chip is not physical, but spiritual. I'm planning ahead for the great bear - Thank God for that!

A great and terrible day is coming, depends on which side of the fence you are sitting. I reckon' -g-

Noticed a sub-title headline under the Jiang/Clinton story in the newpaper "Human Rights Takes Back Seat to Closer Ties", The moral and ethical principles that our country was founded on continue to be subjugated in lieu of the almighty dollar and the Almighty ain't at all happy about it. Were does this slippery slope stop it's fall?

The 337 point 60% retracement, closely matches the 57% retracement off the August 15th correction bottom, much faster though (yikes-one day)

We had a triple test of the 7650 area off the August 6th high. We might see the same (test of the 7100 area), but the cycles in much shorter duration, since the bounce back happened all in one day.

Also notice the capitulation of Alan Greenspan (like before the August correction) and the capitulation of Byron Wiens (or was it Metz?) who took some stash cash and bought equities.

God Bless

Beschem Yeshua