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

To: Arik T.G. who wrote (2892)	7/8/1998 6:06:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 5676

ATG, The Nasdaq rally is incredibly narrow, the a/d line on the nasdaq is a screaming divergence. This is the clue we missed last August. Live and learn, right. Unfortunately these manias only come around a few times a century -g- New Lows big for such a rally day: decisionpoint.com When she stops, nobody knows. We'll have to write a book for posterity -g- I guess we will know tomorrow which wave the internets just completed yesterday, wave 3 or wave 5. I have a couple of yahoo calls and got stopped out of my xcit puts with the volitility (drats) bb

To: Arik T.G. who wrote (2892)	7/8/1998 6:43:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 5676

ATG, your thoughts: equis.com type yhoo and select candlesticks (easier to read the waves with sticks) wave 1 began 6/4 and ended 6/10 wave 2 correction wave 3 ended yesterday morning (you can count the five wave sequence inside wave 3) wave 4 was yesterday from 10am until today. Tomorrow babooooooooom Thoughts. here is another one: type .ndx select candlesticks. You can count an ABC correction of the 4/22 high that ended on 6/3. Then wave 1 & 2 hump. then dramatic wave 3 run to 7/1 then a consolidation wave 4 We are in wave 5 now. Thoughts? bb

To: Arik T.G. who wrote (2892)	7/9/1998 6:34:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 5676

Bear Alert (again -ggg-) get out the propeller beanie! I can count a five wave pattern in the NDX, which may have completed intraday today. Do we have a correction in an ongoing bull market or is this IT???? We hit the inverted H&S OEX target today of 568-576 (570 intraday today) The Dow has one of those cup patterns (kind of like and inverted H&S) and reversed big today, failing to go to new highs at a critical juncture and join the NYSE, SPX, OEX, NDX, COMP. I'm not so sure of the Dow's importance, other than the psychological importance (and that is critical in a mania) Intel breached downtrend line today (throwover bull trap?) Internets definitely looking like a five wave completion (darn I wasn't watching them today, was long Dell and Intel, closed both - was stopped out of my xcit puts yesterday - double darn) iqc.com Lycos did a fib retrace of .618 of this move from early June and is sitting on wave 3 top. Will be interesting to see if that support holds manana & where support is?. This is a CHANGE IN TREND, selling on the Yahoo positive earnings news and split.