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Strategies & Market Trends : The Millennium Crash

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To: bobby beara who wrote (3104)8/6/1998 1:17:00 PM
From: Thomas C (Hijacked)  Read Replies (1) of 5676
 
bb and others, if you really want a good read on when the BK will happen pull up the 29 dow chart and look at today's! it is following it to a T!

in 29 the dow fell about 13% or so to its 200DMA which was also an area of strong support from a previous trading range. same thing today too! In 29 there was a closing tick mark right on the 200DMA which we almost had too.

So I expect maybe 1-2 weeks of upward movement now and then a trikle down into a BK.

The charts do not lie!

tc
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