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Strategies & Market Trends : Angels of Alchemy
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To: amadeus who wrote (23806)12/20/2000 8:23:16 PM
From: Lazarus_Long   of 24256
 
Good point. Lots of money chasing stocks for at least two reasons:
(1) the Fed had been expanding the money supply for quite a while
(2) when Asia got into trouble, the US was seen as a safe haven because it had a stable government and a good economy
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