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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: tinkershaw who wrote (39268)2/14/2001 6:17:42 PM
From: tekboy  Read Replies (1) of 54805
 
In 1999 Greenspan gunned the money supply in an almost unprecedented manner with fear of Y2K in his mind; then, even more drastically he cut the supply, again, in an almost unprecedented way.

This columnist makes a similar point, and suggests some structural reasons for it:

msnbc.com

In general, I think hueyone's laments are entirely valid, and I sometimes feel the same way (as I suspect a lot of us do). OTOH, I also agree that the thread has done a fantastic job of stockpicking that should pay substantial rewards over a longer time frame. Just as it was silly to extrapolate last spring from the previous year's performance, so it's silly now to imagine that our puppies can't and won't go back up again once the economy turns around.

tekboy/Ares@liveandlearn.pov
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