Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (14085)	1/28/2002 5:50:54 AM
From: Moominoid	Read Replies (1) of 74559

The 4-year moving average of the Dow chart will go through 16,000 in February, so it's going to be a very surprising and exciting recovery when it comes. huh? As it has never been at 16000 how could a 4 year moving average get to 16000? FWIW my prediction is NDX=2100-2200 in about 2 months time +/-. I see the index peaking though around June-July (3 months later than previously expected). Only problem with that is that June should be a 9 month cycle low..... so maybe things will be even more extended or more compressed. Or the top is in with 2100 in 2 months time (which would be an ABC type correction from 21 Sep 01 rather than the 5 waves I'm expecting). David

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