STOCK MARKET CRASH....CONTEST! Message Board

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Gold/Mining/Energy : STOCK MARKET CRASH....CONTEST!

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To: Alan Whirlwind who wrote (98)	9/24/1997 9:01:00 PM
From: Bo Bob Brain	of 163

Pay no attention to the man behind the curtain. Have been trying to figure out what would cause the market to stumble, but everything looks ok. No reason why the DJIA shouldn't hit 8800, or S&P going to 1000. Could Greenspan INCREASE interest rates next week? No one believes he will. Rightfully so, but that appears to be the only logical reason for a crash. The bond market has been very strong, but stocks have been running into a roadblock at 8000. Maybe we don't need a complicated explaination why the market will correct other than that it is overpriced. Even that thought is debatable. My reasoning for the crash to begin next week is based on Fibonacci theory which has predicted the crash of 1929 and 1987 almost to the day. Unless the market rallies very strongly in the next two days, we shall see if this theory is correct again. So Mr. Whirlwind, your writing continues to generate mucho guffaws throughout cyber space. One final thought: I was in quite a pickle, then Zappa closed up a nickle, should I but puts or calls? I can buy the X.A.U like Mister Logustoo IF - I - ONLY- HAD - THE- BALLS !!! What a world, what a world.

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