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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: dvdw© who wrote (13840)7/27/2002 10:29:57 AM
From: J.T.  Read Replies (1) of 19219
 
Just read Alan Abelson in Barrons.

Here is *one message* that portends it is quite possible "C" may have slipped in and out of the market back door similar to the relentless selling in '74 filled:

A Gallup poll shows a mere 32% of the participants reckoned their financial situation is better today than a year ago; 45% declared it worse...This is the highest negative reading registered in the poll in 10 years...

The message is loud a clear now.... The public thinks the stock market has got it right heading lower and lower still... and the economic figures that reveals moderate economic expansion and no chance for double dip is more of government lies...

the ingredients necessary for the launch... HIGH SKEPTICISM

Best Regards, J.T.
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