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

To: HairBall who wrote (2788)	6/15/1998 9:02:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 5676

>>>The S/MM's are shaking the hell out of day traders. Making a little side money.<<<< feel free to use me as a contrary indicator - I'm usually WRONG : -( You are exactly right. They are eating the daytraders and shorts being eaten alive. This is exactly why we are possibly in a crash situation, they are chewing up the shorts, capitulating them with every last upswing, whilst the commentators say that the market is oversold and could have one last upswing. Look at Fridays close - killed a whole bunch of shorts. Look at AMZN.dog.com going straight up while the market is correcting big time and ask yourself - WHAT IS GOING ON HERE! Killing more shorts! The Hang Seng is headed toward 5000 and we are in for a new round of currency devaluations from Asia and Latin America. The world's money is going into Treasuries and the $USD at the bubble. We is in big trouble IMHO, the bull market ended 4/22/98. bb I think this week we approach 8200 or possibly break it.