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


To: Thomas C (Hijacked) who wrote (2801)6/16/1998 4:53:00 AM
From: bobby beara  Respond to of 5676
 
Thomas C, I did pay attention to it. I've had a couple of good days of shorting (April 24th and 5/26-27).

This whipsaw otherwise has chewed me up and got fooled into the e-wave speak of another run up off this oversold condition.

We could be on the verge of the BK.

iqc.com

iqc.com

CCI has broken down big out of an indecision triangle, while interest rates are dropping like a rock and the BKX is making a descending triangle and is sitting on support. A break of that support would be very negative.

This is classic Galbraith. Everybody was looking for it in July, September, October and hanging in fully invested right at the peak.

The dipsters are being dinged badly here. Yesterday we had a descending triangle on the INDU with bottoms at 8700 before we broke thru at the end of the day.