Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: jjkirk who wrote (8072)	10/11/2002 4:54:41 PM
From: SOROS	Read Replies (2) of 89467

<font color=green>SOROS' ANALYSIS,</font> I've been examining the S&P chart from Jan. 2002 and the subsequent drop-offs and bounces. It looks to me (very unscientific), that one of two scenarios are likely here. Since this involves many strange, but logical (to SOROS) calculations, I won't bore you with the details, but simply give you the figures. One scenario calls for the S&P to rise all the way to about 950 before resuming the next major downtrend. I don't think this is the most likely, but mathematically, it is possible. The more likely (to SOROS) scenario, is that the S&P will reach 851-868 and then drop all the way to 478-525 before the next major bounce. If this scenario plays out, that could be the start of a new mini-bull run (at least 6 months) before the secular bear continues. If this plays out, perhaps SOROS will write a financial book based on his deranged calculations. I remain, SOROS

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