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

To: bobby beara who wrote (2839)	7/2/1998 6:59:00 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 5676

BB, >>THIS is the 5th wave blow-off I've been talking about since late May. Just wish I had my timing better I tend to agree to both statements. 1. Economic data turns down (NAPM under 50 following 1st Q big inventory buildup), the market disregards. 2. Internet sector (fill in the superlatives) run, that cannot sustain over a few (couple?) weeks more. 3. Millennium Bug hysteria is slowly building up, and will replace the internet frenzy before 010199 Conclusion : The mother of all bulls about to reach the mother of all climaxes, and the mother of all bears will follow. Top should be reached IMO within weeks (2-4) and crash another 5-8 weeks (September). ATG