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


To: bobby beara who wrote (3059)7/31/1998 11:12:00 AM
From: Arik T.G.  Read Replies (1) | Respond to of 5676
 
Look at NDX intraday. 5 down and 3 up completing the 1 and 2. (EOM)



To: bobby beara who wrote (3059)7/31/1998 5:39:00 PM
From: yard_man  Read Replies (1) | Respond to of 5676
 
I agree -- the bear market is here. Kicking myself for selling DAL Aug 125 puts two two days ago. Ouch.

Go GTW. Go IBM. Go LU. Wish I'd joined you on soft even today -- was my plan, but just didn't get around to it.



To: bobby beara who wrote (3059)8/3/1998 5:32:00 AM
From: Arik T.G.  Read Replies (1) | Respond to of 5676
 
BB,

IBM and INTC both completed their rally. INTC look weaker, dropping all that it gained on Thursday.
Looks like another big drop today, maybe a little more tomorrow, and we hit my 538 target for immediate correction.
The correction should take place on low volume- sellers already panic selling today, and the dipsters hurt from previous dipping (last Wednesday).
The internuts held remarkably well on Friday. AOL YHOO and AMZN held their ground. I wonder if they'll break today. If not, that would be a troubling sign for bears.

ATG