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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: Ron who wrote (9329)11/16/2008 3:31:38 PM
From: skinowski  Read Replies (2) of 41419
 
review the Dow Jones Industrial Average 1930-33

This is the nightmare scenario. Every single one of those bumps between spring of 1930 and summer of 1932 was probably not very different from what we are experiencing since Oct 10. And every one of them sucked people in - and many got ruined.

Right now we all - myself included - are expecting a good size rally in the near future - wave 4 of the Bear market. Your chart is a good reminder -- don't take anything for granted
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