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Strategies & Market Trends : Waiting for the big Kahuna

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To: Carl Zbad who wrote (1115)6/17/1997 4:33:00 PM
From: D & G   of 94695
 
Carl, I only need to see what is happening in the market today and for the last 6 yrs to see that any momentary setback will be followed by new highs. Even if you look back to one of the worst crashes in history 1929....look were the market is today. Sure the market has dropped and stayed down for a period of time, but I no longer see that happening in today's market. Everyone has computer access, TA, fundamentals, etc....fewer people are relying on broker info except to buy on dips. EVERYONE I KNOW is invested in the market....They don't even watch their mutual fund prices, they just throw $$$$ in religeously month after month after month. The only thing that will bring this market down is interest rates moving up past 7.5%....And that won't happen as long a Clinton is in the White House......Forget about the big Kahuna....it ain't gonna happen.....
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