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

To: yard_man who wrote (24198)	8/13/1998 2:29:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

Tippet; I guess I'm not saying it right or nobody is getting it, IF she goes to 7000.. SHE WONT STOP THERE that's the big problem..even before she gets there an exodus will try to take place.. Markets don't just go to some ok point, if they get moving they tend to go to the very extreams. At 7000 will you be buying, NO, and neither will I by then she will have fright train momentum to the down side that will make her run up look tame there is not anything to stop her if she gets moving like that. 7000 is not some magic number we can pull out of the air and say O that would be OK , 7000 is a nose dive we won't pull out of..till after all the markets shut down,.. how about a 70% to 90% hair cut, well if you hit 7000 you may as well get prepared for 3500 or less. Massive layoffs loan defaults and all that good stuff, But guess what won't drop, and may even go up..percentage wise.....you guessed it TAXES. latter.. Jim