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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bilow who wrote (9532)11/12/1997 1:18:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 94695
 
Carl, re Just don't put the blue chips. But isn't the DJIA comprised of blue chips? So what you're saying is you don't really think the DJIA will retest the lows, or even get close?

Also, regarding your comment to Bonnie of how uncannily accurate Zeev has been.... the DJIA was supposed to be retesting lows Monday and Tuesday, per Zeev. Not trying to take anything away from Zeev, as I really really wanted his prediction to come true. And I am also aware that his predictions have been mostly in fun, as it is virtually impossible to be able to say with confidence, "Four days hence, and DJIA will be 7100" (well it's easy to say it alright, but whether or not it comes to pass is a different story. I think you realize this). Anyway so far the DJIA has not retested, and the DJIA continues..we even had an up day. Nov expiry coming up eight trading days.....

DK
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