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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 674.96+0.9%4:00 PM EST
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To: jmootx who wrote (63295)11/28/2000 8:42:30 PM
From: Casaubon  Read Replies (1) of 99985
 
Greenspan told everyone there is market risk. He went as far as testifying that Soc. Sec. dollars should not be used to purchase equities. Why? Too much risk. He even tried to warn people that stocks were over valued (irrational exuberance). Hell, you want to take a loan and spend it all on candy, who is Alan Greenspan to tell you not to do it?! Stocks going up 20% per year while GDP goes up 5% per year just does not add up. Everyone must be responsible for their own investment decisions.

I can't wait to put the rest of my money back to work.
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