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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Vitas who wrote (35815)	5/10/2002 4:08:18 PM
From: TechTrader42	Read Replies (1) \| Respond to of 52237

That's terrific, Vitas. Maybe someone else will look at it. Maybe Terry (and I mean that), maybe Paul, maybe others. As for MCD, there's no reason why it couldn't retest its highs from Oct. of last year, and maybe even Aug. -- whether the food is foul or not.

To: Vitas who wrote (35815)	5/10/2002 10:29:58 PM
From: Paul Shread	Respond to of 52237

Vitas, I think the one thing the two peaks have in common - the 1960s and 1990s - is that a lot of garbage stocks went public during those periods and a lot of weeding out was needed (I'm thinking the electronics and other fad stocks of the 60s). It's also interesting that the decline since the late 90s has been much sharper than the one in the 60s, which took from '66-73 or so to get to the same level as last year's bottom. And the 1990s market spent much less time at the top and made a lower high than the 50s/60s peak. We'd also have further to fall if we were going to hit the 1974-75 bottom. Looks like it would take out a lot of resistance if it went much higher. Just a few thoughts.