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


To: Thomas C (Hijacked) who wrote (1488)10/30/1997 7:46:00 PM
From: bobby beara  Read Replies (2) | Respond to of 5676
 
Hi Tom,

It's called denial. Reformed alcoholics know all about (ya I've been known to tip a few now and then).

The denial has been going on since August 15th (267 drop on Friday expiry) and that makes it 10 weeks to October 24th - AND 10 IS THE NUMBER OF COMPLETION.

Why not throw in the special alignment in the heavens and the fact that the guy with the tails and ears is going to be prowling around trying to put razor blades in apples tomorrow, and the summation index has broken thru the 2000 point line from a massive head & shoulder top - I WOULD NOT BE AFRAID TO BE TOTALLY SHORT THIS MARKET - ITM puts are the safest.

bb



To: Thomas C (Hijacked) who wrote (1488)10/31/1997 6:32:00 AM
From: GROUND ZERO™  Respond to of 5676
 
Thomas C.,

I respectfully disagree. I was bearish for quite some time, but I also believe that the Tuesday's low will hold and marks the bottom of the correction. I bought Tuesday's opening and yesterday's opening. I expect a good rally next week.

Have a great weekend!

GZ