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Strategies & Market Trends : The Millennium Crash

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To: Thomas C (Hijacked) who wrote (3701)	10/23/1998 5:55:00 PM
From: bobby beara	Read Replies (2) of 5676

>>>I think it is kind of funny how on the first .25 cut by the Fed the market dropped big<<<< TC, the market rose big on the rumour (well telegraphed by AG) and sold the announcement - that's the diff. There are symetrical patterns that match in the index using the 4/22 - 7/20 and 10/20. I can see chart patterns that are somewhat of a reflection around the 7/20 middle. If we continue this symetry we should reflect from 4/22 back to January and pull back here to around 1000 and have little rally as bulls are convinced this is a pullback/buying opportunity, then the kaboom in the November/early December time frame. Fooling most, who have considered that October would be the culprit and the 4 year cycle has bottomed. bb

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