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seminole

11/11/04 11:02 PM

#321442 RE: Ace Hanlon #321436

Gee, when did Russell become bearish.......1982?
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Public Heel

11/11/04 11:37 PM

#321447 RE: Ace Hanlon #321436

Actually, I see a number of peaks to 80 or above, all of them presaging selloffs of varying magnitudes. August 2000 peaked at 83.05, though, on the 24th, just a few days before the whole Market fell off a cliff.

It's a very interesting indicator...

(We've had six straight days over 80, though, which is a first. Maybe this time is different?}
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westpacific

11/12/04 4:09 AM

#321471 RE: Ace Hanlon #321436

Richard Russell makes $2M a year or more.

What does he care, laughing all the way to the bank.

His advise will turn you into the ultimate bear and cost you money. Forget RR and save your money (I did last year - too late and he cost me a pretty penny listening to his advise!).........being on RRs side has cost everyone whom follows him so much money in the past 3 years it makes me sick!

At some point this market will turn down again, RR will be right since he keeps saying it will.....but then again FIAT money may keep this market moving up big time.

SPX 1553 anyone, not likely but the technicals say it could be done.

-Be a bull and a bear, NEVER take one side of the argument.

NEVER.