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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (779)	7/21/1998 9:30:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 3339

Even if Greeny had decided to put SS money into stocks, by the time they would act the market would already be down 30-50% and a healthy dose of reality would have hit the govs. I am drawing a trendline on the nasdaq lows (excluding today) a retrace to 2048 and a bounce off that by Monday would be the failure I'm looking for. We would get some incredible selling off that failure, but we could retrace for a double top in october. Clinton's resignation will be the next buying opp after dat. bwdik, bb

To: Roger A. Babb who wrote (779)	7/21/1998 9:51:00 PM
From: Don Pueblo	Respond to of 3339

Agreed! How high can AMZN, YHOO, DCLK, BDST, etc., etc. go? I spoke to a guy today that told me he has a buddy, a kid about 25 years old, that just got a 500 thousand dollar loan to buy stocks. God help us.

To: Roger A. Babb who wrote (779)	7/22/1998 6:05:00 AM
From: Moominoid	Respond to of 3339

On my S&P 500 chart yesterday (21st) looked just like 5 March this year when the S&P 500 hit the 13 day average and bounced off the next day. External events (eg. Japanese PM election) and other stuff (eg. decline in MSFT, DELL etc. yesterday) make this look different but currently (6.02am Eastern US time) the SP500 futures points at a rebound. I'm puzzled but still willing to bet the market will be down again at the end of the day. David