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Re: No CRASH



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JD
On TV and other places I find talk about the market going down for a 30%
correction.
This would inidcate at least some degree of Bearishness.

RM





At 01:36 AM 7/26/98 -0500, John Dundee wrote:
>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"
>> >
>> >
>> >
>> >
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