MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: pater tenebrarum who wrote (1373)	11/19/1999 11:32:00 AM
From: J.T.	Read Replies (1) of 19219

heinz, Crude oil now highest since the gulf war in 1990 up .60 to $25.93. Market topped in late July '90 at DOW 3,000 and pulled back to DOW 2,365 for quick 22% correction in less than 3 months.Then back to new highs. Could very well happen again in similar fashion. I believe interest rates were rising at that time as well. Crude. Just something to keep an eye on from these levels. Best regards, J.T.

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