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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Box-By-The-Riviera™ who wrote (91338)4/7/2001 4:24:23 PM
From: XBrit   of 436258
 
Thanks! That's very good info... agrees with my highly sophisticated wild speculation that the Arms thing was a false signal.

Other random excellent reasons to short-and-hold the oh-so-resilient Dow right now:

1) the chart of the NON-tech part of the SP500: (the teaser is non-subscription and shows the chart)
grantsinvestor.com
It tripled from 94-98 while the GDP went up only about 40%. And IT HASN'T EVEN STARTED TO SERIOUSLY DROP YET.

2) the R-word indicator
economist.com

3) long-term data on stock mutual fund money flows: (see 4/3/01 commentary if the link doesn't work)
comstockfunds.com
Once the outflows start, they typically continue for YEARS.
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