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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Perspective who wrote (78530)3/11/2001 8:37:39 PM
From: Ilaine  Read Replies (2) of 436258
 
Not sure where you get the $4 trillion figure from. To begin with, total US market cap peaked at $18.8 trillion in March, 2000, but it was $16.7 trillion February 2, 2001, so that's only about $2 trillion down. There was a lot of rotation out of speculative stocks into value. A lot of the people who sold didn't sell at a loss, either, and have stashed the cash. I don't know how much money was actually *lost* in the sense of evaporating, but what I am looking at doesn't come close to $4 trillion.

I'm looking at the latest posted TrimTabs and also at old copies I've printed out.
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