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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 692.73+0.5%Jan 26 4:00 PM EST
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To: re3 who wrote (27353)9/26/1999 4:22:00 PM
From: Sergio H  Read Replies (3) of 99985
 
TIMING THE MARKET

OCT. 16, 1987 - Dow falls 108.35 (-5%), marking the fist Dow loss of over 100 points in the history of the Dow.

OCT. 19, 1987 - Better known as "Black Monday" - Dow falls 508 points (-30%).

Market correction lasted just a few days. Trend was established and over with before most people realized there was a correction. So much for market timing.

Sergio
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