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To: Lucretius who wrote (36186)4/25/1999 10:39:00 PM
From: Moominoid  Read Replies (2) | Respond to of 86076
 

this could very well be the week to end all melt-ups... DOW 12000? very possible.
so is 7.


7000 isn't in one week. Lower 10's certainly is possible though I doubt it. If it does go that way it could then accelerate. I think first it goes higher. The faster it goes up the more likely a big reversal soon is. More of a moderate pace we've been having since December is good news for longs IMO.

This looks pretty healthy:

decisionpoint.com

It would take a while to turn round to a potential crash position. Crashes don't happen off new highs. There is normally a period of slower decline of at least days or weeks which then suddenly accelerates into a crash.

David



To: Lucretius who wrote (36186)4/26/1999 8:24:00 AM
From: re3  Read Replies (1) | Respond to of 86076
 
LUC we are doomed...I'm selling all gold stocks and buying ebay...its over 200...pretty darn soon, ebay will be > than an ounce of gold...

and that's how it should be...

no one collects gold anyway, but pez, pez, pez is the staff of life...

anyone have the preopen on ebay ?

H