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Pastimes : Ask da_cheif

MVIS 0.875

-7.5%

3:59 PM EST

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To: da_cheif™ who wrote (5281)	9/24/2001 12:31:44 PM
From: Rich1	Read Replies (1) of 8150

Cheify duz dis chit make any sense two yu??? It was posted by da kid Gemx Sunday.. <Update** Here's an analysis of major bottoms in the history of the stock market: -The supercycle low of 41.22 in 1932, bottomed in the vicinity of the wave 4 from 1880 to 1929 (40-50). -The supercycle low of the 1973-1974 recession bottomed in the 520 level on the DOW...at the exact low of the wave 4 of the previous supercycle, which was 520. -The 90-91 low on the DOW, bottomed in the same vicinity, testing the crash low of the 1987 bottom. In all the major bottoms in history, each bear market ended within the wave 4 low of the previous supercycle. Right now, we are right at that point. The Wave 4 supercycle low of the NASDAQ was 1357.02, with a close of 1419, and the DOW's supercycle wave 4 low was 7399. with a close of around 7773-7800. the DOW has downside risk of another 600-1000 points, and the NASDAQ another 120 points. Tomorrow could be the day of infamy...a possible circuit breaking drop due to the triple witching expiration.>

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