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Strategies & Market Trends : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (955)	7/29/2001 7:37:25 PM
From: LTK007	Respond to of 1328

quoted from your link <<Blasts upward in the 13 week growth rate preceeded the monster Fall 1998 NDX ramp and the Fall 1999 ramp. However, the current blast does not seem to be helping stock prices. Something is different this time. Folks, the chart above is exactly what the beginning of a credit bubble implosion will look like and it is the only warning you will get. The 13 week growth rate of M-3 goes into a steep decline. I must say that the theoretical work published at prubear is wonderful, but my job is to tell you when the credit bubble will burst. You have got to have faith in your instruments. By the time that M-3 begins a sustained absolute decline, the big boys will have sold the NDX down below 800. We are now officially on credit bubble implosion watch, and the time has come to start placing bigger bets and letting those bets ride longer.>. Les,that is heavy duty.Max