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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Franco Battista who wrote (8109)12/10/1997 6:27:00 PM
From: Bill Wexler  Read Replies (2) of 9285
 
Don't you see? This is GOOD news!

If more and more corporations keep reporting declining earnings, then the Fed will not raise interest rates and the market will go up, up up!

If Asia sinks deeper in the hole, then foreign investors will rush in to buy more U.S. securities and the market will go up, up, up!!

If prices start going up and wages keep increasing, then the Fed will not raise interest rates because of fears of throwing the economy into recession and the market will go up, up, up!!!

If prices start going down then the Fed wll have no reason to raise interest rates and the market will go up, up up!!!

I'm predicting Dow 10,000 by 2/1/98.
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