Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Arik T.G. who wrote (3393)	9/1/1998 9:09:00 AM
From: bobby beara	Respond to of 5676

ATG, I'm drawing pitchforks on this decline and the bottom tine is just about where we finished yesterday, the middle tine comes in around 1000 - I think that is resistance now. I think we might have an ABC trading range between 950 and 1000 before we continue the next leg down. It looks to me that the 357 point down day was wave 3 and we had an extended wave 5. I mistook yesterday morning for being a bottom. Got to watch out for the extensions in this fast moving market. I believe we will be testing 6300 before expiration (or yikes worse) - what do you think? bb