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When I sent this e mail its was all nice and lined up no spaces. What
causes these big gaps and irregular paragraphs after sending it here.
Robert
At 12:05 AM 9/24/98 -0500, Robert W Cummings wrote:
>
> 1. TJ take note here as I'm going to give another prediction. I think the
>correction is not over yet
> but I compelled to follow Acampora as he was dead right with his bear
>forecast in early August.
> He said the Dow would probably test 7400 again in October and then
>trend higher through out the year.
>
> 2. I think the Dow is going to remain very choppy again following Acampora
>advise but with higher highs and higher lows. Now as
>blood in the street Cummings believes going into the second week of October
>the market is going to shake the trees for the buyers of
>Sept. bounce. The second wave of selling will be violent to
>the down side similar to this recent move down. This time the fed will cut
>rates and the buying will be immediate and last for several months.
>
> 3. Dow theorist might be right for a correction off the present move if
>feds cuts rates at their next meeting Tuesday as some
>predict, I don't believe they will cut just yet. I do not believe the Dow
>theorists are right because i don't think you can have a bear
>market and declining interest rates at the same time.
> Unless its preceding a depression and I doubt that as well.
>
> Robert
>
>
>
>At 06:01 PM 9/23/98 -1000, Ron Augustine wrote:
>>
>>Don't mean to detract from the current bashing fest, but I was wondering if
>>anyone might be interested in commenting on their perspective of the current
>>Market?
>>
>>1. Largest correction in quite some time -- over or not?
>>
>>2. Dow theorists say the bear has arrived based on Daily and Weekly signals
>>and they are waiting for the Quarterly Signal shoe to drop in 7 days --
>>valid or not?
>>
>>3. Market has been contained by a very well defined by an ascending trading
>>channel with four accurate tops and bottoms since Sept. 1 -- today's Up
>>Volume (9/23) was impressive -- Breakout to new highs, or another fizzle?
>>
>>Any and all comments welcome.
>>
>>
>>
>>
>
>
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