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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Jon K. who wrote (459)	8/7/1999 3:09:00 PM
From: HairBall	Read Replies (1) of 19219

Jon K: I am actually very impressed ..... that was a gutsy and courageous call for a CRASH next week, which I think is VERY difficult thing to time and call. I have been lurking this thread to see if it is offering anything more than the MDA thread. I just have to say, that the MDA thread is more balanced than just "bearish" posters. The bearish posters are more animated. (post more) Considering the lofty heights of this Market, those that look to historical norms would be more inclined to expect more downside from these levels. However, few if any on the MDA thread have called for a crash. Most of the contributors on the MDA thread, just try to be on the right side of the move. I would say if you are looking for "crash" calls, the BK thread is the place to be as the "host" of that thread has called for a CRASH almost every two weeks since May of this year. Regarding the call you mentioned above (posted below), it encompasses not just next week, but eight weeks approximately 1/12th of a year. That is a pretty wide window, considering the current state of the Market! Reference: CRASH ALERT ISSUED FOR NEXT WEEK AND LASTING THRU SEPTEMBER Regards, LG

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