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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

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To: Haim R. Branisteanu who wrote (53451)	6/8/2000 8:59:00 PM
From: Techplayer	Read Replies (1) of 99985

Haim, He was able to sell it for 9 million due to what is referred to on Nantucket as dumb money. If a person earns 20 million in this market, what effort was really exerted? therefore, spending freely becomes easy. Ton say that this rise is an indication of inflation is silly. Someone just paid 19 million for a house and land on Nantucket last week.. then made plans to knock the house down. Is that an indication of inflation or simply buying something at whatever the cost because you want it and can afford it? tp

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