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

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To: Dan Duchardt who wrote (30160)	9/19/2000 4:30:07 AM
From: Square_Dealings	Read Replies (1) of 42787

<<I will not defend government intervention, or suggest that 5232.5 was a resonable level for COMPX to attain, but the 70% decline you suggest would be truly extraordinary.>> Yes. But this has been an extraordinary market for some time, wouldn't you agree? The 1500 number is an unemotionally derived number as I determined it from fibonnaci target for a completed correction based on what I consider to be the first wave down back in March. It coincidentally would put the Naz back on the historical PE norm. I hope it doesn't happen, only that I can see how the possibility exists for an extreme bear market that could be different this time. good luck M.

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