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

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To: donald sew who wrote (39265)	12/25/2000 11:36:14 PM
From: Ibexx	Read Replies (2) of 42787

Hello Donald, This week's Barrons has an interesting article on the so-called Epstein's Law. Simplistically the EL states that, based on historical data gathered all the way back to the 1950s, the market is an unreliable predictor for recession, yet a darn good one for its recovery. Further elaboration of this theory led to the observation that if a 10% recovery is achieved from the market trough (in the midst of a recession), then it could be safely assumed that the recession would be over in 1 to 5 months. Any comments from this board would be appreciated. With holiday heers, Ibexx

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