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


To: bobby beara who wrote (2137)1/28/1998 1:06:00 PM
From: Arik T.G.  Read Replies (2) | Respond to of 5676
 
BB and all,

The OEX is testing today a strong resistance at 466, with very heavy volume. At the same time the SPX is only 11 points away from its high and NDX blows away after it broke thru the 1029 resistance.
If we do see the OEX conquering 466 today then after the reaction I believe that we're going to witness a classic blow off top in a month or two, with volume on the NYSE over 1B shares a day.
That would set the stage for the MC somwhere in March or early Apr.

ATG



To: bobby beara who wrote (2137)1/31/1998 9:58:00 AM
From: Glenn Norman  Read Replies (1) | Respond to of 5676
 
Yo_Bobby the Beara.......................Just now got back on line, so much for the delay. The Normans in my history were out of Tennesee to Arkansas, then into Texas in the early 1920s', as best as I can tell the were all OUTLAWS! My Dad (R.I.P. 1904-1985) was one of the few Norman boys that didn't end up in the slammer. So much for skeletons-in-the-closet, back to business. The rally of the last three days will continue probably into monday or tuesday and then I think we will see a sell off toward the end of next week. I think getting into the "shorting" end of the market might be the way to go for the near future. Whats it look like from your view into the looking glass?

Salude y el mercado es no bueno por cac_, amigo!

Norman