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

To: The Perfect Hedge who wrote (3498)	9/17/1998 10:12:00 PM
From: bobby beara	Respond to of 5676

Beeble B. mucho gracias, I am short equities and long gold/xau. I think the $USD is way way overbought and we will soon see repatration in bonds which will kill all US paper markets. This won't be 1929 or 1987, this will be slow and deceptive as the recent bull market was to bears. We made a five wave climax yesterday against the SPX uptrendline (monica's hemline -g-) and now the market will have it's own contrition. Yesterday we saw panic buying in the internets and now a mega reversal. Look at the ELNK chart, made a perfect right shoulder and LYCOS h&s pattern with a bee hive around the neckline, which I am quite sure will break tomorrow and LYCOS will be delisted in the next year or two. this rebound was way too fast (especially the ndx), given the world circumspect, A BEAR RALLY.