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Strategies & Market Trends : Sharck Soup
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To: puborectalis who wrote (29303)6/23/2001 7:55:38 PM
From: pbull   of 37746
 
Gee. (pause) Well, Barron's is often wrong, maybe it will be this time, too.
Actually, that's pretty much the way I see it, too, not so much the rate hikes, just overcapacity, too much competition, etc., all the things one would expect in the aftermath of a boom.
As for the S&P down 20 to 30 percent, I would say that could happen, but with rates this low, more likely we'll see rotation among sectors instead of wholesale moves to cash.
Just my 2 cents. Thanks.

PB
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