SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (3324)8/31/1998 7:33:00 PM
From: bobby beara  Respond to of 5676
 
I will reiterative, Mr Fibonacci has been much maligned but has performed quite well lately.

If wave one down was 8/11, a 1.618 fib wave three will put us @ 866.

I don't see any real support on this move down till we hit the mini-crash lows, and it may be a real feat to muster much of a rally from there.

bb



To: HairBall who wrote (3324)8/31/1998 7:40:00 PM
From: Stoctrash  Read Replies (2) | Respond to of 5676
 
I think you're wrong. John Q hasn't realized it yet...they're waiting for that rebound so they can say "I told you it would come back". I know this.....cuz that's what my neighbors have been saying while all along I have been warning them.

I think it will take the end of the week before they "realize" what the deal is. Sure you have some keen Q publics that will bail tomorrow but for the most part sticker shock will hit when they get the mail in the next few days, of course this is just MO.

BTW...can you say URSA?