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S&P 500
5,431.60
(
-0.04%
)
US TECH 100
19,173.20
(
0.55%
)
Dow Jones
38,589.16
(
-0.15%
)
Brent Oil
82.28
(
0.37%
)
Bitcoin
65,962.72
(
-1.19%
)
Post# of 704019
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Zeev Hed

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Zeev Hed

Re: mainehiker post# 32800

Sunday, 10/06/2002 5:12:28 PM

Sunday, October 06, 2002 5:12:28 PM

Post# of 704019
Come on, Abelson did not stop being bearish since the crash of 1987 (Dow 1950), he expected that first salvo to be continued until the Dow comes back to levels set ten years before in the mid 70' (around 500/600 Dow or so). By 2000, they just raised that expectation a little (g). In early December of 1987, he was even more bearish than in October, expecting the October lows to be taken out before the end of 1987. He just kept being bearish for the next 13 years. I finally gave up on reading his humor some ten years ago (g).

Zeev

AZH

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