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Pastimes : All Clowns Must Be Destroyed

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To: Eashoa' M'sheekha who wrote (40443)6/17/2000 10:39:00 AM
From: LLCF  Read Replies (1) of 42523
 
<I tend to go with the Baby Boomer theory of money flow into the market.It must at least be given deep consideration.>

Yes, this is called the "modified greater fool theory", and has certainly been in operation. The 'Pig in a Python' version I read also predicted very low bond yields for the same reason which on could argue has also happened. BUT, one lesson I think one can take from that is that what is in operation is the boomers with their money, and that the link to 'stock market' is simply because that's what's working now.

DAK
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