Hello.
I don't post much here, but I'm wondering if anybody thinks a 1998 style decline is in the cards? 1998 had similar problems to what we have now ( Russian financial crisis, Long-Term Capital Management )
SPX 1998 Chart
Thanks for any replies-
Joe
1998?
Started by
voy
, Jul 31 2007 03:21 PM
6 replies to this topic
#2
rkd80
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Posted 31 July 2007 - 03:39 PM
Hello.
I don't post much here, but I'm wondering if anybody thinks a 1998 style decline is in the cards? 1998 had similar problems to what we have now ( Russian financial crisis, Long-Term Capital Management )
SPX 1998 Chart
Thanks for any replies-
Joe
quite a few people, i think Denleo may be one of them, compared this summer to that of '98. But if you keep probing you will find that many patterns are mentioned; 98, 03, 87, etc.
“be right and sit tight”
#3
Russ
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Posted 31 July 2007 - 03:45 PM
1998.55 - July 20 was Martin Armstrong's 8.6 year pi panic cycle, we already had another one last Feb. This is just a test of the breakout of the bull market ala da cheif's 20k forecast.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#4
TradeMark
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Posted 31 July 2007 - 04:25 PM
No. Not at this time anyway.
Well, nothing impossible, but a bounce more likely from here than a continued decline.
TM
#5
Jnavin
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#6
hiker
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Posted 31 July 2007 - 07:03 PM
yes, below 1400 or at least to 1400..20month ema and 15month sma both reside below 1400 SPX cash..by November..maybe this week..who knows?
Edited by hiker, 31 July 2007 - 07:03 PM.
#7
Frac_Man
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Hank Wernicki M.A.
Posted 31 July 2007 - 09:55 PM
yep, the fractal top was the same ..
Hank
Hank
Hello.
I don't post much here, but I'm wondering if anybody thinks a 1998 style decline is in the cards? 1998 had similar problems to what we have now ( Russian financial crisis, Long-Term Capital Management )
SPX 1998 Chart
Thanks for any replies-
Joe
