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Strategies & Market Trends : The Millennium Crash

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To: Bilow who wrote (555)	9/1/1997 7:29:00 PM
From: bobby beara	of 5676

Hi Carl, remember the bulls are still in heat and have not given up the ship yet - they outnumber us bad news bears. They will have to be hammered a few more times before they give up / also some more bears will probably have to capitulate. If we see a down open and start bottoming I am going in for some calls oex & sox, for a short term trade. Sew is very good. Many bulls will call the correction over like they did the last time we hit 7600 Dow. I don't know if the Asian news will sink in that deeply. Overvaluation/earnings warnings/29/87 parallels yadda yadda yadda haven't meant anything to the bulls, they will just rationalize off Asia also for the time being anyway. They still are skipping along with Goldilocks - except now they've wandered to far off in the woods where bobby beara's hanging out ready to PUT their head on a tree stump -ggg- ---------- To all: a test to 900 Spx and a suckers rally to 920-30 would fit in the 87 and 29' pattern by these two prognasticators (Which would fit right in with Sew's tech analysis.) Nostradamos techstocks.com Magic Elf nwlink.com (see the vertical rally from the mid 7000 (dollar adjusted) range)

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