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Strategies & Market Trends : Paint The Table
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To: Doppler who wrote (1306)11/7/2001 11:11:19 PM
From: Jorj X Mckie  Read Replies (2) of 23786
 
I think that a 30% rise is far more likely than a 30% drop.

2400pts vs. 1200pts?

I'd take that bet. If you were AW, we would be betting a gold panda<g>

Any timeframe to. I say we hit 2400 before 1200. Considering we are at the top of a cycle (IMO), I consider that a generous bet on my part.

If the trend is only a 10% rise, should we still be short?

I am not necessarily trying to convince you or anyone to be bullish. Even with the most liberal chart reading, the bigger trend is still down. At some point though, that rally is going to be something more than a bear market rally.
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