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Supercycle degree, & implicitly all lower level, Elliott analysis. Not the
mainstream Prechter garbage.
Peter
-----Original Message-----
From: Tom Alexander <gta3@xxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Thursday, 15 October 1998 2:30
Subject: Re: [Doom and Gloom Dow Industrials Forecast]
>On what are you basing your opinion?
>
>Regards,
>
>Tom Alexander
>
>----------
>> From: peter <derivatives@xxxxxxxxxxxxxx>
>> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>> Subject: Re: [Doom and Gloom Dow Industrials Forecast]
>> Date: Wednesday, October 14, 1998 11:26 AM
>>
>> RTrs
>> The Bull will reawaken soon. The only difference between the Bull we
>> knew in the mid 1990's & the coing one is that this fellow will be on
>> Valium,!!, He'll make the 90's look like range trading
>> Peter
>>
>>
>> -----Original Message-----
>> From: steven poser <swp@xxxxxxxxxx>
>> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>> Date: Thursday, 15 October 1998 1:22
>> Subject: Re: [Doom and Gloom Dow Industrials Forecast]
>>
>>
>> >Mitch -
>> >
>> >That is a point worth noting, but outside of this list and those that
>> >follow the astrology guys, I do not think everybody else is truly
>> >looking for the capitulation trade on Black Monday's anniversary. Though
>> >Acampora downgraded his targets, many of the big street technicians
>> >believe that we have put in a bottom for at least another month.
>> >
>> >The other thing to be aware of is that if the market does blow up by
>> >500-1000 points in a day, it will require some action from the Fed to
>> >make people stick their feet in the water. Every try catching a falling
>> >knife? People will not just jump in without a good reason. How many
>> >times have you said that you will buy when something gets to a certain
>> >level, and then did not (unless you are real disciplined or already had
>> >the trade in, or were smart enough to be short into that level).
>> >
>> >I do believe that the capitulation trade will be met with a rate cut and
>> >that a bottom will be in soon, but I would not count on the views in
>> >this forum as being universal.
>> >
>> >Steve
>> >
>>
>
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