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

To: bobby beara who wrote (3318)	8/31/1998 6:06:00 PM
From: Thomas C (Hijacked)	Read Replies (2) \| Respond to of 5676

BB, but what about the Princeton Economics call for the Panic cycle day to be September 15th? And I have been behind here, can anyone tell me what number on the Dow will be the bottom? Do you see somewhere in between 4000-5000 a possibility? tc

To: bobby beara who wrote (3318)	8/31/1998 7:16:00 PM
From: HairBall	Read Replies (2) \| Respond to of 5676

Bobby: August had negative monthly inflows (as in billions) into Equity Mutual Funds. I suspect, after tonights coverage of the market drops since the Dow Industrial high in July and today's plunge, over 2 trillion in wealth vaporized, John Q. Public will be moving money out of Equity Funds, big time! BWDIK Regards, LG

To: bobby beara who wrote (3318)	9/1/1998 4:40:00 AM
From: Arik T.G.	Respond to of 5676

BB, >>Arik, I really believe the selling momentum is too strong for a retrace to OEX 510. I stand corrected. Given the failed rally bud of Monday, any retrace should stop short of OEX 500. >>My wag sezs we have more selling tommorrow we may put in a short term bottom, then we rally into early mid September to the October highs to make a right shoulder then start selling into the earnings warning season and then into October seasonal crash lows. It's going to be much faster then that. By Sep 22nd we'll already start on a big rally to mid November (We are completely safe) and on Nov.-Dec. the second big leg down (the real bear) will commence. ATG