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Those of you who follow
these spaces regularly know that on Friday (Sept 7, 2001) I announced
the discontinuation of these daily updates. (Talk about market timing!)
However, given the unprecedented events of September 11th and in all
likelihood those to come in the months ahead, I will do my best to provide brief
and periodic commentary, as warranted by future
developments. If you would like to receive email notification when
new commentary is posted, click
here.
Make
no mistake about it though, we firmly believe that the rally from the
September 2001 low is
an admittedly large counter-trend bounce, all within the framework of the
ongoing Bear Market. Nasdaq 5,000 will
remain unapproachable for many years to come as the Great Bear Market of
2000-200[?] runs its course.
Again, we thank you for
your support and interest over the past five years. We hope you'll
continue to visit our web site for information about bear mutual funds,
options investing, Elliott Wave analysis, Jim
Stack's Chart of the Week, and much
more. -- Grizzly
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