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Strategies & Market Trends : The New Millenium Portfolio

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To: wlheatmoon who wrote (76)	1/17/2000 12:20:00 PM
From: Jorj X Mckie	Read Replies (1) of 540

I have seen the comparisons before. Remember back in August/September? We had 98% correlation with the Dow chart of 1929 and the Naz of today and back then, we were a day away from the crash of 1999. If predicting the next crash was as easy as matching charts from previous crashes, we wouldn't need to do any other TA as there is a limited set of crashes and it would be an easy exercise. And everyone would know about it and this in itself would negate it. IMO, our next crash will be as unique unto itself as past crashes have been. The only people that will be spared are the piffers<g>

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