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When prices made their lows in June on CNBC they were waiting for prices to
go to the 200 day MA
With so many thinking bearish what would occur if the market made new highs?
RM
At 11:00 PM 7/25/98 -0700, dbtg wrote:
>Attached are two charts. Based on these very basic indicators - moving avg,
>stoch,
>rsi, momentum - the SPX appears to be in a downtrend. As for CRASH....???
>
>The other is a chart of the Volatility Index. The VIX appears to be heading
>up.
>
>
>
>-----Original Message-----
>From: JER3CUBE@xxxxxxx <JER3CUBE@xxxxxxx>
>To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>Date: Saturday, July 25, 1998 7:05 PM
>Subject: Re: CRASH !!!!! ...?????
>
>
>>In a message dated 7/25/98 3:57:13 PM Eastern Daylight Time,
>>RJones2279@xxxxxxx writes:
>>
>><<
>> - someone is always talking about a crash; someone is therefore bound to
>be
>> right at some point, >>
>> The above is a true statement: But, when was the last time
>>you saw the subject heading of CRASH repeated so many times
>>on RT? This is how the SUBCONSCIOUS or PSYCHE is prepared
>>for the event being discussed. The fact that so many are already
>>thinking about the possibility, brings to reality what they were thinking.
>> THINK ABOUT IT!
>>
>
>
>
>Attachment Converted: "e:\eudora\attach\spx.gif"
>
>
>Attachment Converted: "e:\eudora\attach\vix.gif"
>
>
>
>
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