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Politics : Impeach George W. Bush
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To: TimbaBear who wrote (1684)2/7/2001 3:18:47 PM
From: Lazarus_Long  Read Replies (1) of 93284
 
The market is a discounting mechanism.
The market is a discounting mechanism- -except when it's not. Remember those interest rate increases that didn't get discounted?

The market is always right, always, by definition.
So it was right about the internuts? Have you checked their prices lately? Have you been watching these wonders wink out of existence? That is quite possibly the stupidest statement ever made on SI.
Do you know what PR, hype, spam, and scam mean? Look 'em up and see if you can figure out how they are used on Wall Street.
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