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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (43597)10/16/2005 7:04:35 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
I was paraphrasing Steve Saville.

I any event does not look like an October peak this year.

My guess is a November low well under current levels.



To: orkrious who wrote (43597)10/17/2005 8:26:21 AM
From: dpl  Respond to of 110194
 
The Dow peaked at about 1050 in Jan 1973.It then slowly declined with a series of small rallies until Aug.It then had a big rally in Sept-Oct and the story was that the bull market was back.It formed a small top and then dropped 200 points in about 6 weeks.

I remember all this because I was short Gm back then.<g>

David


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