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Strategies & Market Trends : Waiting for the big Kahuna

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To: Arik T.G. who wrote (29961)10/3/1998 1:42:00 PM
From: Front Beach  Read Replies (3) of 94695
 
Re: Long grinding bear vs. fast steep drop.

Hello Arik... it's been a long time since we asked each other this question on your Millenium thread...over a year ago I think.

I still don't have any answers, but this is what I am thinking now...

The ring of fire is now complete around the globe, and all wealth and liquidity has run to, and is now concentrated and centered (trapped) in the US dollar.
Gold has been manipulated steadily downward so as not to provide an alternative refuge, (psychologically anyways)
In other words, ... all the eggs are in one basket.

Given this scenario, it should be a whole bunch easier to bring this situation down in a controlled manner...step by painful step...slowly and controlled.
If we experience a huge drop..there will at this point be complete global chaos.. and obviously we can't have that.

Therefore.... my guess (if it's worth even that...) is a slow continual grind down, with net minus 200 to 300 point weeks at times... but no 1000 or 2000 point down days.

Conspiracy theory?.... no, just a belief in a controlled modern society.

Thoughts?

SP
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