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S&P 500
5,469.30
(
0.39%
)
US TECH 100
19,208.40
(
0.17%
)
Dow Jones
39,112.16
(
-0.76%
)
Brent Oil
84.82
(
0.75%
)
Bitcoin
61,455.26
(
-0.58%
)
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farooq

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farooq

Re: JohnVP post# 11240

Thursday, 09/06/2007 5:37:22 PM

Thursday, September 06, 2007 5:37:22 PM

Post# of 31925
We will rally to 1520- 1530 on SPX and then decline begin to test previous low of this year. Declining rates are evidence of weakness in economy and market as a rule rarely go up in rate cut (No Bull market, only corrections in bear markets).

It is possible we might stop at Pokersam target of 1505-1510.

As long we are in a war no bear market is possible, all are corrections.

As soon war will end, in 2-3 months we will start a bear market which will be remember for long time at least 29 months to 38 months long.

The top will be consist of 4 -6 months, market will start discounting this event 3 months before actual event and after stopping we will go to new high for 1-2 months.

JMHOP.

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

http://investorshub.advfn.com/boards/board.asp?board_id=4514

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