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To: blam
Don't jump off the ledge just yet.

I believe that this is the same rag that has a weekly forecast of doom and gloom. IIRC, they made a prediction a month or so ago detailing how the DJIA was absolutely destined to fall through the 6000 level. Gave a day and even a projected hour when this was all to happen.

Still waiting.

4 posted on 10/02/2010 7:05:09 AM PDT by skimbell
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To: skimbell
Hey dummy, quit distorting things. They're not making this up ...they're quoting this guy:

Robin Griffiths - CCM Technical Strategist

ROBIN GRIFFITHS - Joined Cazenove Capital in 2008 as Technical Strategist providing strategic input and marketing support, primarily to Private Wealth Management.
For over 30 years Robin Griffiths has been one of the most respected technical analysts of world stock markets, bonds, currencies and commodities. He became a technical analyst with WI Carr, based first in Hong Kong and then Tokyo before returning to London. During this time he started to develop his own trading system, analysing stock and market trends.
He was then chief technical strategist with HSBC for over 20 years.

His most recent position was as Head of Asset Allocation with Rathbones. Robin has been an advisor to the ECU fund, a hedge fund using technical analysis to capture movements in currencies since 1985 and latterly to the Rathpeacon fund, a long short equity fund concentrating on the largest 500 companies in the world by market capitalisation. Robin has 44 years investment experience.

5 posted on 10/02/2010 7:46:44 AM PDT by blam
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