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Here is an excerpt from the 'Wellington' hotline.
I like many other S&P traders have watched winning trades with large profits
evaporate in minutes over the years. This usually happens right when the
shorts should be going for the knockout punch. I have seen this happen to
many times over the years to think that when everything is on the verge of
collapse and it suddenly stops and rallies strongly, it is just coincidence.
FROM: Bert Dohmen's Weekly Hotline
April 7, 2000
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But then the market stabilized. According to reports that I received,
apparently the rumored CCT (Crisis Control Team) of the Fed went into action
via two major brokerage firms. The firms had no comment. Futures contracts
were bought in large amounts. A rally started. At the same time, the White
House chief economist made a statement that all was well in the economy. It
was orchestrated like theater..............................
Anthony Denis Cattani
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