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

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To: Chris who wrote (24963)11/28/2001 10:32:32 AM
From: TechTrader42  Read Replies (3) of 52237
 
I thought the long-term complacency indexes might head to 100 in one final pep rally for the bulls. The market indexes would hit the 200 SMA's, and maybe go slightly over them, and the VIX and VXN would test the lower support levels.

But who knows? As I said to John W. last night at our favorite after-hours watering hole, "Boast not thyself of tomorrow; for thou knowest not what a day may bring forth."

He replied, "The Nasdaq Composite will be down approximately 6 points toommoroe at 10:23 a.m. At 10:28, it will be down about 7 points. At that time, the S&P will also be down about 7 points. The Dow will be down about 75 points at 10:29 a.m."

Crowds of TA enthusiasts had gathered around him. Extraordinarily enough, it turns out he was right. I have a mind to contact the SEC. I think he might be rigging the market. I always suspected it was rigged, but I never knew who exactly was rigging it. I've done my best to unrig it, with scare tactics and BS, as it were, but I've failed. It continues to head up.

Another absolutely astonishing prediction: Message 16112165
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