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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: MythMan who wrote (354472)	1/24/2008 3:18:34 PM
From: stan_hughes	Read Replies (1) of 436258

Sorry Myth, just saw this -- I've been busy getting ready to bugger off to Mexico for a spell It probably sounds like past-posting at this point, but IMO the TRIX is suggesting at least a decent counter-rally, perhaps capped in the 1390-1400 range Looking further out, let's say that takes several weeks, which would convey an aura of returned stability and also gets the market off the front page, not to mention setting up a technical reset -- then come March, the seasonals will start to evaporate, and we could be in for another swan dive as people trip over each other trying to get ahead of the usual "sell in May" call. I can't help but keep thinking of the late 1970s markets here as a parallel for what is taking place now I know, lots of "if this" and "if that" and WTFDIK, I'm 76% cash, 17% bullion and 7% gold stocks -- my bias is therefore obvious

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