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

To: bobby beara who wrote (2963)	7/22/1998 6:30:00 PM
From: Thomas C (Hijacked)	Read Replies (2) \| Respond to of 5676

Hey it looks like we are approaching our 3000th post here on the millenium crash thread...maybe we should celebrate like they do on CNBC when the Dow hits a new milestone... Holy smokes only 34 new highs today to 174 new lows....sell off climax ? or continued uglyness? The third lower hump in the new highs is completing now...sort of like a camels back.. Tom

To: bobby beara who wrote (2963)	7/22/1998 6:41:00 PM
From: Thomas C (Hijacked)	Read Replies (1) \| Respond to of 5676

Well actually a bit more on the NH NL...as I just mentioned we had 174 new lows today...interesting to note that in the last 2 years or so, there were only maybe 7 readings in NL that were so high (major red spike on the chart) and obviously selling climaxes... As I look at the chart right now it seems that after each one of these major NL selling spikes the market has recovered and moved upward again. It shall be interesting to see if we now move higher from this climax NL value..... ! If not, maybe we are ready for the big one.. decisionpoint.com Tom