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To: bcrafty who wrote (42558)6/19/2002 8:02:15 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
You know, ever since Bill Clinton’s “Impeachment Rallies” I (try to) think in terms of the Market doing whatever it wants to do… Last September, when we found out we are vulnerable and at war, there was little fundamental reason for a great rally. One would think that it would bring about more selling, since lots of people would consider taking some money off the table and into safety, and yet the market rallied.

The Elliott Wave “dogma” is correct. The same ‘social mood’ that rules the market also ‘rules’ the real world events, war and peace, and so forth. No wonder ‘reality’ jumps in so often to ‘accommodate’ the existing trend.