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July 21, 2002 A Rational Ending to the Bubble? |
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On the way down, bubbles always overshoot their launch point. There will be many rallies and false hopes of a new bull market, but the Dow will break 4,000 before the Bear market is over. If history is our guide, below 2,000 is a more realistic expectation. ![]() Chart Courtesy of BigCharts
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