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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject9/21/2000 7:47:46 PM
From: manfmnantucket  Read Replies (1) of 100058
 
good point iAMan, the incumbent usually gets to pose in front of a good economy and take credit, regardless of when the seeds for the economy were planted. Any motivation by the current administration to prop up the market is gone once the incumbent is again enjoying cigars in the privacy of his own home.

I still have a sneaky feeling that what has happened is that the markets have returned to "normal" - that is,
no speculative frenzy, merely a boring trading range
that rises at the historical rate of around 10%. per year.
Historically, that is what happens after speculative runups and burst bubbles. I remember it happening after the biotech craze. We may indeed have entered the post-internet bubble years..

MfN
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