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Yeah, but based on the excellent suppport at 540-550, are you saying that a
s/t rally is imminent ?
> -----Original Message-----
> From: BobR [mailto:bobrabcd@xxxxxxxxxxxxx]
> Sent: Wednesday, February 27, 2002 2:32 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] Arch Crawford prediction of crash
>
>
> Double top and smoke and mirror images do a circus and carnival make.
>
> bobr
>
> ----- Original Message -----
> From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
> To: "RealtradersList" <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, February 27, 2002 10:50 AM
> 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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