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Pastimes : Ask Mohan about the Market

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To: Zeev Hed who wrote (16926)11/1/1998 6:50:00 PM
From: Investor2   of 18056
 
Re: "The reason then and now differ, but I believe the results will be the same, but the time period (from the first peak near 10,000, or in our case the top at 9350 to the last bottom), I believe will be shorter than the 16 years in the prior period."

I find the scenario that you set forth interesting and not too far from my projection. I'm a little more positive than you on the top of the market, since I believe 10,000 is realistic. However, I'm a little more negative on the duration of the "trading range," since I see no reason for less than 16 years of sideways movement.

Why do you believe that the time period will be shorter than 16 years?

Best wishes,

I2
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