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

To: yard_man who wrote (2895)	7/8/1998 9:59:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 5676

2 weeks to 2 months, this thing could go a lot farther than our bearish imaginations would believe. How many people believed 3.5 weeks ago that yahoo would hit 200??? I think we need to get the Investors Intellegience Bullish Sentiment to top the 4/22 high which was 54% (from my recollection). As long as people continue to short this market and disbelieve it will go up. There were hardly any believers on the net threads 4 weeks ago, I couldn't find a bull in sight (maybe a couple). I wish I had followed my intuition and bought those yahoo july 140 calls that were selling for a quarter at that time :-0. Just shoot me! Intel broke up big today on 30% above average volume. It slightly broke above it's downdtrend line from the March high and came to rest right on the line. A break above this on high volume would confirm the failed H&S pattern and send this sucker to the moon. There has been a lot bearishness on Intel, and expectations have been greatly lowered. Same thing as the net stocks. If INTEL joins in the NDX party this thing is gonna RIOT! bwdik, bb