SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Dan Hamilton who wrote (4231)5/26/1999 12:25:00 PM
From: Arik T.G.  Read Replies (2) | Respond to of 5676
 
>>So you believe we are finally at the beginning of "The Millennium Crash"?

Yes. But if you follow this thread long enough you know I shouted WOLF not once in the past.
This time it looks like everything is aligning together for the real thing.

Here's the short term scenario (I found that my current ST prediction is in phase -almost to the day- with Donald Sew's outlook on the MDA thread).

Today:
Maybe another short dip to check the lows, but will close flat to up.

Tomorrow and Friday:
Zig zagging up to around SPX 1320.

Next Tuesday and Wednesday:
Down hard and fast.

Next Wednesday or Thursday should mark the local low and end the down leg from the top. Then we should get a limping correction UP that could take us as high as SPX 1320 - 1340 in two - three weeks. From which point we begin the crash phase.

Stay tuned on this thread for more.

ATG