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


To: Thomas C (Hijacked) who wrote (2971)7/22/1998 7:48:00 PM
From: bobby beara  Respond to of 5676
 
Some nasty suprises tomorrow might make the sentiment hit bottom for the next run up. The averages are masking the crackpots like CA.

I have a wave count that shows we are in wave 4 down on the spx and tomorrow morning we should hit bottom about 10 pts or so below. I don't know the extent of the rebound from there though. I'm thinking we will probably re-top or make a marginal new high for the fait accompli.

bb



To: Thomas C (Hijacked) who wrote (2971)7/22/1998 9:05:00 PM
From: bobby beara  Read Replies (1) | Respond to of 5676
 
TC, I've been looking at the charts, I believe that Dell is gonna at least re-top or go to new highs and GTW will do the same. I think Carolan might be right 7/27 is a fibonnaci turning day, 55 days from the print low on the NDX 6/1 and the day the internets started moving up. That will be the day to go 200% short, mortgage the farm.

bwdik,
bb



To: Thomas C (Hijacked) who wrote (2971)7/22/1998 9:30:00 PM
From: set  Read Replies (1) | Respond to of 5676
 
I recently read an article on the Spiral Calender. I understood
that 7/28 on the lunar calender has marked the start of most
previous crashes. However that does not correspond to July
28. Also the trend changes came earlier.

Did I not understand correctly?

Shahar