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DOW 1929


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#1 SilentOne

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Posted 24 October 2008 - 07:56 AM

Anyone notice how we have stopped with the "CRASH" calls on this forum? Now I know why I am not trading this market very much. And certainly not overnight. Not to be trusted this market is.

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Might wanrt to read Bill McLaren's latest once again.

Oct. 10th Bill McLaren

cheers,

john

Edited by SilentOne, 24 October 2008 - 08:01 AM.

"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain

#2 Tor

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Posted 24 October 2008 - 08:59 AM

Anyone notice how we have stopped with the "CRASH" calls on this forum? Now I know why I am not trading this market very much. And certainly not overnight. Not to be trusted this market is.

Posted Image

Might wanrt to read Bill McLaren's latest once again.

Oct. 10th Bill McLaren

cheers,

john


Yes incredible.

I posted details about the HO portending to a crash and was met with complete disdain.
Observer

The future is 90% present and 10% vision.

#3 SilentOne

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Posted 24 October 2008 - 09:13 AM

Tor, Hard to be confident of anything right now. I think the guts of this decline are already behind us. We need a good retest of lows to make a good IT bottom. A few days like this would help do this. Then we can get on with a bear rally. Otherwise, just more of the same dip buying. The hedge funds scare me though. They all must be a mess. cheers, john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain