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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: Caroline who wrote (1726)9/21/1998 12:35:00 PM
From: bobby beara  Read Replies (1) | Respond to of 3339
 
Caroline, one thing that makes me suspect of Sept. 1 being a bottom (besides the chart pattern of this last up move and wave structure from the top), is that there are too many comparisons to the October mini-crash, however our buying climax (capitulation) into the July peak was much more dramatic than the buying climax into the October 8th peak, figuring the rubber band is stretched much tighter into July 20th (both in price and sentiment), I would expect the bottom to be more explosive than October 27/28.

bb