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

To: Kerry Phineas who wrote (3331)9/1/1998 4:50:00 AM
From: Arik T.G.  Respond to of 5676
 
Kerry,

>>... how big of an up day do you see occurring?

At first I thought gap down today and then a BIG intra day rally like 10/29/97, then I looked at the GLOBEX quotes (+22!).
A day and a half correction up should see OEX 480, but not over 500.
Something in the line of +3% today, and a failed continuance tomorrow.

>>After an upday, I'm waiting till the next open to try some more short positions.

A very good play IMO.

ATG



To: Kerry Phineas who wrote (3331)9/10/1998 7:38:00 AM
From: Arik T.G.  Read Replies (2) | Respond to of 5676
 
Kerry,

Today it's TIME.
Actually yesterday was better, but today should confirm the crash scenario should we take out last Friday's close.

You wrote on 8/31

>>Arik, how big of an up day do you see occurring? I covered everything today, simply amazed by the downdraft. After an upday, I'm waiting till the next open to try some more short positions.

ATG


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