All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: Jorj X Mckie who wrote (21149)	3/29/2000 9:48:00 PM
From: pater tenebrarum	Read Replies (1) of 42523

i do agree that P&F seems remarkably consistent in terms of predicted outcomes. i'm just pointing out that circumstances may arise where that could change. to give you an example, when the Nikkei had it's big collapse in 1990, it really was oversold all the way down. and yet there was a period during which simply no bounces whatsoever occurred. it just went down, almost every day (after the first bounce that followed the initial break). the devilish thing was that it didnt really crash in the conventional sense...i.e., yes there were a few BIG down days as well, but mostly it went like 1,5-2% down every day...like Chinese water torture. i haven't seen what the Tokyo BP did during that time, but i bet you it was screaming oversold like everything else.

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