DJIA 7 July Wed up about 400 points 8 July Thur up about 120 points Yahoo! We are out of the woods. Let me ask Paul. Hello! Paul, UP or DOWN for next 6 months. Well, unfortunately Paul pick DOWN. Ok, now, down how many points, 3000 or 6000? Wheww.... Paul picked 3000. Well, in times of uncertainties, don't trust Bloomberg, CNBC, Fox or Wall Street, don't even trust your brokers or financial analysts, go for the OCTOPUS.
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It doesn't take a genius to figure it out. An octopus is suffice. In the Depression in 1929 to 1932, there are 9 rebounces, average 20 to 24%. In total, it loss about 90% from its peak.
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