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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Box-By-The-Riviera™ who wrote (70555)2/22/2001 6:07:20 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
equity funds had $33 billion in inflows in january...and the market is going down. that proves that no amount of money is enough - prices are simply too high.

this is a hugely bearish tidbit of information...

Harpo can dream about $60 in earnings for the S&P...i say she's off by at least 50%. earnings are plunging across a wide swathe of industries...and the shrinking process is FAR from over...it has only just begun, and with unusual ferocity...not unusual in the context of a bursting asset bubble though.
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