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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (65740)6/30/2005 6:37:19 PM
From: Moominoid   of 74559
 
Well I see the stock market going up for a year or two after this summer and so I prefer to run with the trend. OTOH I'm glad I always have an option to escape to Australia and avoid paying for the cumulative US budget deficit, social security, and medicare prescription drug benefit :)

I won't be surprised if GOOG isn't one day (not far off - those Dow to 36000 predictions without a year are really dumb as they are certainties) at $1000. I won't be surprised too if it is at $100. Below that will require the company to Enronize.

Cramer said not to buy till July 1 and then went on vacation. A guy by the name of Kass was on his show today and said to short GOOG.

I don't know why the AUD should collapse? So far it moves up nicely with gold. And the Australian government's problem is being too responsible.

David
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