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


To: Arik T.G. who wrote (3433)9/3/1998 4:50:00 AM
From: Oblomov  Read Replies (1) | Respond to of 5676
 
Another sign that the party is ending:

Message 5633922

Andrew Aiken



To: Arik T.G. who wrote (3433)9/3/1998 5:15:00 AM
From: Philipp  Read Replies (1) | Respond to of 5676
 

A 2.5-3% down day today will be final confirmation that the next two days are going to be BK days, -5 to -7% on Friday, and meltdown after the long weekend.


The worst thing for market sentiment that could happen is that the Dow ends below 7400 on Friday, a new low for the downturn and making it official (to the media airheads) that we are in a severe bear market. That should be good for a lot of crash talk over the long week end and a decent panic on Tuesday.

Regards or should I say cheers,

Phil