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Well, At least it ought to be a tradable low..
Don Thompson
Subject: [RT] Arch Crawford prediction of crash
> BEWARE LATE MARCH
>
> In early September 2001, Crawford told his readers to get out of stocks,
> warning the market may crash by Oct. 5. Stocks sank to three-year lows by
> Sept. 21, in the wake of the devastating Sept. 11 attacks on the World
Trade
> Center.
>
> Now Crawford is a market grizzly of the extreme kind. He warns investors
the
> bear market ravaging Wall Street is here to stay for years. That's partly
> due to the unprecedented bull run in the 1980s and 1990s and stocks are
> likely to be pushed to bear market P-E ratios, he said.
>
> The market is ready for a fall near the quarter's end, Crawford said. The
> reasons: it marks the fiscal year's end in Japan, which many see as
> teetering on the edge of financial disaster, and the stars are not
aligning
> well.
>
> ``We PREDICT some kind of MELTDOWN as we approach the quarter's end, March
> 27-31!,'' Crawford wrote in a recent newsletter. ``Mars conjoins the
Saturn
> opposing Pluto while Mercury squares them all, completing a very dangerous
> T-Square.''
>
>
>
>
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>
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>
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