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Re: No CRASH



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Who's say's everybody is so bearish. Most of what I'm hearing seems that
everyone is short term bullish expecting a bounce or a turn in here to the
upside?
JD

Renate Muldowney wrote:

> 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"
> >
> >
> >
> >