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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (7862)10/27/1997 5:59:00 PM
From: RLM  Read Replies (1) | Respond to of 94695
 
People have been predicting this bear market for the last 3 years. Of course at sometime they would be right. It's just like Babe Ruth pointing his bat to centerfield predicting a home run. He did this plenty of times and finally predicted correctly. THis isn't even a bear market yet, this is a 7% blip, the 500 points lost in 87 represented a 22% fall, this doesn't even compare.



To: IQBAL LATIF who wrote (7862)10/27/1997 7:02:00 PM
From: tekgk  Respond to of 94695
 
No need to congratulate anyone yet or declare victory - like you said the game just started.



To: IQBAL LATIF who wrote (7862)10/27/1997 7:39:00 PM
From: Haim R. Branisteanu  Respond to of 94695
 
Hello Latif, we may see a sharp down opening tommorrow, but from the other information I see on the internet,(bonds,currency) I sense a very strong reversal toward the afternoon after the EC Index will be released.

We will have a violent market for a few days with strong up and downs for a while, afterwards we will start sliding to lower levels and we will withness a zig-zag market which will make money only for the brokers not investors.

Happy trading
Haim


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