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

To: Arik T.G. who wrote (1777)	12/14/1997 10:00:00 AM
From: bobby beara	Respond to of 5676

Hi ATG, remember back in August when I saw some screaming 8's. The Dow went up 4.2% and down 3.8%. An 8% reversal in two weeks. Quite a change in thinking over a short period of time wouldn't you say! I still have my Apple bumper sticker "I brake for 8 - Mac OS8" I also brake for Dow 8000 -ggg- People have become so use to this volatility they are numb to it. I guess that's why Peter Lynch was on vacation in October 1987. Guess who will be on vacation during Christmas break -g- almost EVERYONE! In 1987 people had no idea what was coming. In 1997 we had a ten year memory to work off that took the extra two months of volatility to capitulate the last of the bears necessary to create the liquidity anomaly. Did you get some more of the yellow metal - Read Haggai 2:8 Reversal at 280 -g- We could have a throwover and big long bond reversal. The Dow had a .0375 throwover and reversal at 8290, that would put the Long Bond reversal point at 5.775 (maybe 5.76 for a .04 reversal point intraday). Maybe Greenspan will give it a .25 haircut on the 16th -g- b. beara