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Strategies & Market Trends : Bill Wexler's Profits of DOOM
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To: Michael Bidder who wrote (3039)9/25/1998 4:58:00 AM
From: Bill Wexler  Read Replies (4) of 4634
 
-Interest rates are headed lower.
-Corporate America has not gone out of business.
-There is no evidence that global conditions have caused enough of a slowdown in domestic growth to knock us into recession.
-Insider buying accelerating to its highest level in years.
-Corrections in some sectors (financial services, drillers, etc.) were extremely severe.
-Most if not all the bad news is out.
-I don't remember the last time there was this much pessimism.

We are forming a bottom, and the market is headed significantly higher.
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