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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: HighTech who wrote (23680)	5/27/2000 6:30:00 PM
From: dennis michael patterson	Read Replies (3) of 42787

HiTech. Thanks for that link. Incredibly valuable information. I had forgotten to check back with that guy. He is interesting. BTW, I read a proprietary column by Mikle Belkin, an excellent quant. Belkin claimed last week that the Naz would fall to its 200 week MA, arguing that that level was support in previous crashes. The data you linked seemed to suggest otherwise. I took the opportunity to ask Victor Niederhoffer about Belkin's claim. Here is what he said: " DEAR MR. PATTERSON: MIKE BELKIN'S REVERSION TO 2100 PREDICTION IS BASED ON NOTHING MORE THAN MUMBO JUMBO, MYSTICISM,AND ALCHEMY. HE IS WHAT OLD FASHIONED SKEPTICS MITE HAVE BRANDED A CHARLATAGN, BUT THAT'S JUST ONE MAN'S VIEW.VIC" Well, make of that what you will. I think that 2100 is extreme, especially given today's economic environment. Again, thanks for the link

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