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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: John Graybill who wrote (3008)7/10/2000 7:57:36 PM
From: KeepItSimple  Read Replies (1) of 436258
 
>"The second-half looks very strong," adds Kumar, with the caveat that "nobody
>knows what's going to happen next week let alone next quarter."
>
>(BTW, how is it possible that both statements are compatible? - jg)

It's possible for the same reason that analyst report headlines in the tech arena almost always read: "Company XYZ beat our expectations, just as we expected."

The only reason that any of this crap is still floated is that the average investor in the market today has the IQ of a turnip. You've got to keep in mind that the overwhelming majority of investors will never, ever, question what they are told. Even when lead to financial ruin, like Voltaire and his mindless culties, people tend to STILL not question authority. It's why nations can fight wars as a few individuals battle for power. Most people are just genetically predisposed to doing exactly what they are told. Not many can think for themselves.
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