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


To: bobby beara who wrote (3702)10/23/1998 6:09:00 PM
From: Thomas C (Hijacked)  Respond to of 5676
 
what I am wondering though bb is whether or not we can still have a BK given that October has passed. It seems not, looks like we will have to settle for a few big down days and churning bear, but no BK for now....

TC



To: bobby beara who wrote (3702)10/23/1998 6:14:00 PM
From: Thomas C (Hijacked)  Read Replies (1) | Respond to of 5676
 
but actually bb, what makes me wonder even more is that this double bottom 'W' shape that we have just completed now seems to be a common thing in overvalued markets, just look at 1987 and Hang seng index tops, both had double bottoms and then a nice swift rally which then stopped at overhead resistance like a guy bumping his head on an overhead branch when climbing a tree...

Maybe there is some other wacky lunar relationship that is yet to be discovered about this market....LOL

tc