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


To: Box-By-The-Riviera™ who wrote (2079)10/9/1998 10:47:00 AM
From: Moominoid  Read Replies (1) | Respond to of 3339
 
Some AAPL people are almost as bad. When I was long AAPL I got trashed for saying anything negative.

David



To: Box-By-The-Riviera™ who wrote (2079)10/10/1998 5:43:00 PM
From: bobby beara  Read Replies (4) | Respond to of 3339
 
Joel, your going to hate me -g-

but I believe we may have made a fear bottom on Thursday. The nine month cycle has marked significant bottoms since 7/96 and it is due to come on 10/12, so it may have been a few days early.

the Nasdaq made it's H&S pattern projection using the June lows as the neckline and July highs. There is what looks to me like a completed 5 wave pattern on the Nasdaq.

rampant fear and bearishness - "Crash of 99" cover - contrary indicator.

McCllelan Oscillator has a very bullish inverted H&S pattern, with a historically deeply oversold spike, and a historically overbought initiation spike.

A rally above 8180 and a close will most likely indicate a failed H&S pattern.

If I'm right and the 9 month cycle turns again the crash bottom would be in July 99, with the peak in April 99.

bwdik,
bb