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


To: Rarebird who wrote (1583)11/13/1997 9:18:00 AM
From: Arik T.G.  Respond to of 5676
 
Welcome Back!

Many posters were asking for your return.
I cling too SPX 900 as the final test. IMO if we take it out decisively then we're in a major bear.

ATG



To: Rarebird who wrote (1583)11/17/1997 6:17:00 PM
From: Bald Eagle  Respond to of 5676
 
<<As some of you already know, a close below 6975 and we are officially in a Bear Market.>>
I know that you probably never wanted to hear from me again, but I couldn't pass up an opportunity to disagree with you. I believe, and I may be wrong, but I think I'm right, that an "official" bear market is indicated only when BOTH the Dow and the Transportation Index are in a downtrend, not just the Dow. The Transportation Index would have to dip below about 2850. Anyway, I hope you're right about 10,000 by early next year.