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

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To: dennis michael patterson who wrote (23684)	5/27/2000 9:02:00 PM
From: donald sew	Read Replies (1) of 42787

Dennis, >>>> MIKE BELKIN'S REVERSION TO 2100 PREDICTION IS BASED ON NOTHING MORE THAN MUMBO JUMBO, MYSTICISM,AND ALCHEMY <<<< As you and all know, I refrain from making any huge call like that simply on the basis that I feel that the probability, at best, to make the big call is only 62% which is only slightly better than a flip of a coin. Saying that, I would like to make the following comment. Using my basis for my GUITAR theory, the market at times moves like a rubberband. When pulled too hard in one direction the result is a move in the opposite direction which is also exaggerated. Most may say that this down move in the NAZ is already overdone, but what is interesting to note is that the NAZ is still above the point where the RUN-UP started which was around 2800. Heck if I know if the NAZ will approach 2100 but just giving my thoughts in terms of a rubberband(my guitar). seeya

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