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Pastimes : Trading the markets.....
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To: GROUND ZERO™ who wrote (4107)3/26/2001 9:58:10 AM
From: Real Man  Read Replies (1) of 4583
 
These markets certainly look very heavy... Gravity. Like it was levity that took Nasdaq to 5000 level in late 1999 - early 2000. I don't know how they can rise now so that it will be sustained. Certainly, the valuation is still pretty far from normal. In a derivative-based market unwinding happens quickly.
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