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Zeev Hed

10/05/02 9:58 AM

#32619 RE: Gizmo #32609

Gizmo, if you are right, the the last three years are not Phase I of a multi years secular bear market. It is possible, but not likely, IMTO. In the 1966/82 secular bear, the low was put in the second cyclical phase (price wise, inflation adjusted, the low was 8/12/82).

Zeev