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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST
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To: Saulamanca who wrote (61106)10/20/2000 4:23:14 PM
From: HairBall  Read Replies (2) of 99985
 
Jim Bryan: Bianco points out that if stocks were to continue lower in the November through December period, there is only one precedent for that in this century. That would be a period that began in 1929 and continued into 1932. That’s when the Dow declined 90 percent from a high of 381 in September of '29 to a low of 41 in July of 1932.

If the market does go back down and establishes a new low this year, you can bet the above subject is going to be bantered around...LOL

Regards,
LG
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