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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Bucky Katt who wrote (7290)1/2/2001 2:29:00 PM
From: James Strauss  Read Replies (1) of 13094
 
William:

Once the Bush Administration takes office it will be sending out energy friendly signals... Look for more deregulation and oil and gas exploration... Say goodbye to the Spotted Owl and clean water compliments of the new EPA and Interior Secretaries... Those are the tradeoffs... Right now it looks like the public is willing to pay the price... I would imagine that we'll see new Nuclear plant construction... Until we find a way to clean Nuclear waste, we are treading on thin ice... A few names come to mind, Chernobyl and Three Mile Island... Only history will tell whether we're on the right path... In 20 years there will be water shortages around the world, including the U.S.... What we do to the environment now might hasten this unwanted occurrence...

Now that I've scared you, : >, it is beginning to look like bottom climax time in the market... The pessimism is growing faster than the cry for a recount of those hanging Chads... : >

The SPX looks like it could climax in the 1200 area...
bigcharts.com That would erase two years of gains... About another 7% of downside pain... All this could happen pretty fast... Even we are still in a BEAR market we should get a nice rally to the 1350 area before another moment of truth...

Jim
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