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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: "c:\eudora\attach\spx1.gif"
Attachment Converted: "c:\eudora\attach\vix1.gif"
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