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Not because of 540-550, but because the OEX $C/$P was at 0.3 on Wednesday.
Two days below 0.5 is a buy setup.
bobr
----- Original Message -----
From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, February 28, 2002 8:38 AM
Subject: RE: [RT] Arch Crawford prediction of crash
> Yeah, but based on the excellent suppport at 540-550, are you saying that
a
> s/t rally is imminent ?
>
> > -----Original Message-----
> > From: BobR [mailto:bobrabcd@xxxxxxxxxxxxx]
> > Sent: Wednesday, February 27, 2002 2:32 PM
> > To: realtraders@xxxxxxxxxxxxxxx
> > Subject: Re: [RT] Arch Crawford prediction of crash
> >
> >
> > Double top and smoke and mirror images do a circus and carnival make.
> >
> > bobr
> >
> > ----- Original Message -----
> > From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
> > To: "RealtradersList" <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Wednesday, February 27, 2002 10:50 AM
> > Subject: [RT] Arch Crawford prediction of crash
> >
> >
> > > BEWARE LATE MARCH
> > >
> > > In early September 2001, Crawford told his readers to get out of
stocks,
> > > warning the market may crash by Oct. 5. Stocks sank to
> > three-year lows by
> > > Sept. 21, in the wake of the devastating Sept. 11 attacks on the World
> > Trade
> > > Center.
> > >
> > > Now Crawford is a market grizzly of the extreme kind. He warns
investors
> > the
> > > bear market ravaging Wall Street is here to stay for years.
> > That's partly
> > > due to the unprecedented bull run in the 1980s and 1990s and stocks
are
> > > likely to be pushed to bear market P-E ratios, he said.
> > >
> > > The market is ready for a fall near the quarter's end, Crawford
> > said. The
> > > reasons: it marks the fiscal year's end in Japan, which many see as
> > > teetering on the edge of financial disaster, and the stars are not
> > aligning
> > > well.
> > >
> > > ``We PREDICT some kind of MELTDOWN as we approach the quarter's
> > end, March
> > > 27-31!,'' Crawford wrote in a recent newsletter. ``Mars conjoins the
> > Saturn
> > > opposing Pluto while Mercury squares them all, completing a
> > very dangerous
> > > T-Square.''
> > >
> > >
> > >
> > >
> > > To unsubscribe from this group, send an email to:
> > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to
> > http://docs.yahoo.com/info/terms/
> > >
> > >
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
>
>
>
> To unsubscribe from this group, send an email to:
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>
>
>
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>
>
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