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Re: Stock Market Crash - 34,34,34,34,34,34...
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You've never been wrong? That is really not necessary. Especially when
the guy gives levels, there is an implicit place where he is clearly
wrong. If he has been doing it every 500 points, that is a problem too.
But if the last time he called for a top was 4000 points ago, that ain't
so bad.
Maybe Monsieur Comeau was correct from 7700 to 11,000? That really was
uncalled for.
Steve Poser
--
Steven W. Poser, President
Poser Global Market Strategies Inc.
http://www.poserglobal.com
PGREC@xxxxxxx wrote:
>
> In a message dated 5/10/99 8:45:47 PM Eastern Daylight Time,
> jcomeau@xxxxxxxxxxxxxx writes:
>
> << My name is Jean Comeau from Quebec, Canada and I am a commodity trading
> advisor (CTA) registered in Chicago. I have studied the stock market in a
> technical way for over 25 years and with a detailed technical analysis
> which follows, I have come to the conclusion that a stock market crash this
> year (l999) is inevitable. >>
>
> Below is another older e-mail from Jean Comeau.
>
> Peter Greco
>
> Subj: MAJOR TOPS ON DOW JONES INDUSTRIAL AVERAGE.
> Date: 97-02-18 23:39:23 EST
> From: jcomeau@xxxxxxxxxxxxxx (JEAN COMEAU)
> Sender: owner-realtraders@xxxxxxxxxxxxxxxxxxx
> Reply-to: realtraders@xxxxxxxxxxxxxxxxxxx
> To: realtraders@xxxxxxxxxxxxxx (RealTraders Discussion Group)
>
> I have been receiving emails from realtraders for about 3 weeks. I have
> read them and really did enjoy. This is a wide range and a vast variety of
> opinions, informations on ways of trading and/or produts to experience or
> use for our requirements. Most important of all, this ever flowing (water
> fall) of renewed resources and knowledge from all sources come from human
> beings who's main goals are caring for others.
>
> Now,let us personnaly, add our grain of salt:
>
> DOW JONES INDUSTRIAL AVERAGE: 20 years of researches and calculations bring
> US up to two possibilities of MAJOR TOPS occurring for the DOW, now...
>
> 1) One is 7115 to 7125 (most likely)
> 2) One is 7250 to 7280
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