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Strategies & Market Trends : Waiting for the big Kahuna

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To: tekgk who wrote (4942)9/3/1997 10:56:00 PM
From: bobby beara   of 94695
 
Tek, please correct me if I am wrong, you recently said that if this >>>but remain ready to run if the FRB continues to let the money supply run wild and to make bad debts good<<<< it could prod Hashimoto and others to pull Treasuries.

>>>The last time that the Dow went up by more than 3% in one day was 8 days before the 87 correction<<<

There is that number 8 again. That would put us in the middle of next week. I have a feeling Tuesday's action was an exhaustion gap and think the next 10 days may be eventful.

-Bob
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