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The Dow is hellbent for 10,000.....thats the psychological edge to stock
market analysis..who can explain it but sometimes a stock, index, future or
whatever just has to go to a certain level...Im not sure what drives it...a
collective thought process much like Richard Gere tried to inspire at the
Academy Awards a couple of years ago perhaps is the reason...media hype
definitely has something to do with it...The DOW Reaches 10,000 watch that the
media seems to be enamored with creates news so to speak rather than report
it.....
but its been my opinion for several years now that the DJ is and has to reach
10,000....then and only then are all bets off.....it wont be in a straight
line but certainly before the year 2000 there will be a 10,000 DJ
Rick
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