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To: Bill F. who wrote (44455)6/1/1999 7:48:00 PM
From: accountclosed  Read Replies (2) | Respond to of 86076
 
people are suffering serious damage to their portfolios???

not here <ggg>



To: Bill F. who wrote (44455)6/1/1999 7:51:00 PM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
that was just a guesstimate... i found there's a pattern to the topping action of stocks that have already broken down and crashed (ie- ahead in the cycle)... the Naz has yet to fulfill that pattern. doesn't mean it will happen... but every time I think it won't it has in the past. Can't really explain it.. but if the pattern holds the naz should rally around 80 to 120 pts ... it could be scattered over a couple days.. don't know.

MER of the last few days is a good example of what I am expecting... it appeared to be going into a crash and then.. low and behold... CRASH-UP on that fake merger bullsh*t (most shorts got squeezed out) and then it collapsed today... there will likely be some news associated w/ the coming rally in the borader mkt if we even get one.. but I have no idea what it will be.. it will likely be a plausible reason for a rally just like MER had, but as you know... the news is usually coincidental.

Of course.. I am assuming we are on a date w/ destiny w/ Fri's number crashing the bond mkt and the buck and taking stocks w/ her... if this is wrong... it could take longer to fullfill the pattern and do all sort of wierd things, but I think we need a rally tomorrow if we're going to tank this thing by Fri. A selloff tomorrow would liekly put any sort of real damage several weeks away w/ Fri's number actually causing a rally in hopes thta maybe the Fed won't hike (our plausible reason for a rally)

total speculation on my part of course besides.... WTFDIK?