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Re: Justa Werkenstiff post# 35423

Wednesday, 10/27/2004 3:48:39 PM

Wednesday, October 27, 2004 3:48:39 PM

Post# of 148479
When I looked at this a while back it seemed to me that the times when happy family theory has been most likely to fail were at major turning points, which suggests that it is really just an expression of the fact that major turning points are connected by major trends.

In other words, new extremes in some averages being followed by new extremes in the other averages is an inevitable consequence of a major trend that hasn't run its course yet. No additional theory is needed to explain it.
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