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


To: Haim R. Branisteanu who wrote (3717)10/24/1998 6:11:00 PM
From: set  Respond to of 5676
 
> shahar.nets.com:2000/oex.gif

last time I did this it was a horrible disaster, I know.
nevertheless -- this projection shows two points I consider
key, indicated by two pink arrows. The first is at OEX 522, and
the second is at OEX 545. And of course my WAG of what happens
at those points. The gist of my thinking here is that, as
far as we've come in such a short time, the stocks I watch
have yet to arrive at those price points where selling must
take place. Next week seems a good time to get there. However
by then we'll have momentum, so the following week seems a good
time to overshoot, hurrah breakout bull market everybody on
board, and that will be a good time to make a reversal.

point 522 seems most important to me. By the close monday
we should know if the index will come at from above or from
below. I'm inclined to buy in the first case and sell
in the second.

BWDIK and all that. If the market does something other than
this remember that the market is wrong and I am right.

Shahar