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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: OldAIMGuy who wrote (13738)	11/28/2000 6:36:09 PM
From: James F. Hopkins	Read Replies (2) of 18928

The Chart is interesting and it may just have to hit the same low point it did in 98 before a bottom gets put in. We need a panic , a knock down spooky dip that looks like the end of the world, with the market tripping it's circuit breakers for 3 days in a row. Blood in the streets & long unemployment lines. GreenSpam has been so worried about full employment that a complete crash should make him happy. You know after a point cutting rates don't do any good ( look at Japan ) they waited to long and a downturn can get going like a snow ball rolling down a hill. Soft landing ? I doubt it if the dollar falls and foreign money starts to jump out someone will find out there is no basket of money in the stock market, The client says "Sell Sell Sell".. The brokers says "but to who ? " I'm watching three of the best JUNK BOND mutual funds and they have been getting killed. No one wants the dept ah do they know that stocks normally follow the junk bond market then exceed it, both ways. The Nasdaq has now lost all it's gains for the year.. ( and then some ) as they don't count the dippled ones who got delisted. Jim

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