The Millennium Crash Message Board

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Strategies & Market Trends : The Millennium Crash

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To: tekgk who wrote (3690)	10/23/1998 12:09:00 PM
From: Rarebird	Read Replies (3) of 5676

I have no axe to grind. I call it the way I see it. I see big danger ahead for the stock market and a very nice rise in Gold to $500 an ounce by the Year 2000. I'll let Bobby do the short term technical analysis-although I think this rally is a combination of a double bottom placed a few weeks ago and an irrational euphoric hope that earnings will improve based on aggressive Fed Easing. I don't think the Bear is over by a long shot. Presently, I am not short. I'm waiting for signs for this rally to fizzle. New Highs? I don't know. I see an even worse decline, a slow Chinese water torture Bear Market coming after this last hope is crushed. It may take a little while to set in.

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