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I sent the attached comparison of today, 1987, and 1968 based on monthly
data to my Swingmachine readers but it also seems appropriate for this
thread.
If the more bearish of the SM projections holds up (as it did in 1987
and
1968/9), we will not see an end to the selling until some time early in
2000.
Maybe no "crash" but just a steady decline. And maybe if we don't pay
attention then we may be burying some "bones".
Clyde Lee
----- Original Message -----
From: Pete Namtvedt <petena9090@xxxxxxxxxxxxxx>
To: Terry S. Smith <tesla@xxxxxxx>; <realtraders@xxxxxxxxxxxx>; BobsKC
<bobskc@xxxxxxxxxxxx>
Sent: Sunday, October 17, 1999 19:07
Subject: Re: where will the selling end?
> The selling ends during the next mont and a half. Normally it would
end by
> the next to last day of October. This is not a real bear market. It
seems
> a lot like Oct 1987 or last October.
>
> This is a correction. It is perhaps aggravated by the Y2K hype and
recovery
Attachment Converted: "c:\eudora\attach\SPMO_101799_5bar0match5-135group8sum.gif"
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