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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (265)6/29/1999 8:44:00 PM
From: SnowShredder  Read Replies (1) of 19219
 
>>>In end of Oct., 1968, after this report for record consumer confidence came
out, the market was at 952, went to a high of 985 close within 1 month and
one week in early Dec 68 for a 3.4% gain. Quickly reversed and corrected to
903 in late Feb 69 for a 8.5% hit.
Peaked at 969 in Mid-may and turned down hard in June to 870 close late
June 10.2% hit and 770 in Dec 69 for 22% hit from 12 month high. By late
May of '70 we bottomed at close of 631 for 35% hit from peak of 985 in Dec
'68. <<<

So if this is the case then, we still have @ least a couple of weeks to enjoy the party? >gg< Thanks for the interesting info (I'll be on my toes:)...Best of Luck, Where'd He Go?
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