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Strategies & Market Trends : Complacency Indexes

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To: William JH who wrote (1478)10/9/2002 5:33:16 PM
From: TechTrader42  Read Replies (1) of 1487
 
Fortunately, that's unnecessary, because the market has been moving up so nicely over the past few weeks and months. Bear klowns have been destroyed, as the saying goes. There were some very dangerous bears floating around on SI earlier this year, warning of further declines. Fortunately, they've all been proven pathetically wrong. They included some of the most dangerous posters, with some of the most misinformed, distorted posts, in the history of SI, perhaps even in the history of the world. They were evil, and they were wrong. And we're well rid of all of them.

My guru, AJC, revised her 12- to 18-month forecast for the Dow, btw -- from 11,300 to 10,800. The AJC crash indicator has been in effect, with her appearance.
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