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Pastimes : Ask Mohan about the Market
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To: robnhood who wrote (13582)1/29/1998 8:20:00 PM
From: Tommaso  Read Replies (1) of 18056
 
Well, for what it's worth (not much) I think that we may have the inverse of the Nixon resignation.

After Nixon resigned the markets went down some more and finally hit bottom and made a teemendous bounce. I was there and buying.

I think that after the markets get over this Clinton hanky-panky thing, there will be a last rise (as is going on) and then as the reality of the overvaluation sinks in, a terrible decline.

I look for a 30% decline by mid-March.
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