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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (48274)12/15/2000 2:40:34 PM
From: Cynic 2005  Read Replies (2) of 436258
 
I believe that the notion that markets go down much faster than they go up is an exception at the peak of the bubbles. From mid Oct to Mid march, it only took 5 months for the final blow-off in dung. It took over 8 months for the decline back to the pre-blowoff levels. This decline is more a Chinese torture than a quick bullet to the head. Almost impossible to make money being a short in such a market.
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