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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: nsumir81 who wrote (63302)5/7/2002 6:57:05 PM
From: KevinMark  Read Replies (2) of 99280
 
>>>LOL DOUBLE=3000 ish BUT (STILL) not a bull mkt! What gives? <<<

"In every bear market there's always bear market rallies, and these rallies normally retrace back up to levels of 23.6%,38.2%, or 50% which would mean 2270, 2817, and 3259 respectively. I believe the 50% retrace is possible to scare the bears into hybernation, then the real double dip recession will take place, and back down we go. I do not believe we'll get capitulation now, because everyone is sitting waiting and expecting it, INCLUDING da bears."

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