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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: GraceZ who wrote (91222)4/7/2001 3:59:38 PM
From: LLCF  Read Replies (1) of 436258
 
< So in this instance, you are right but the measuring stick, money, says you are wrong. Is this a little clearer? >

No, IMO if the index's aren't down, the bears are wrong.

<Those who bet against the bubble in '99 lost plenty of dough, but were they right in their assertions? They had history on their side. >

Well, actually the game isn't over yet... and besides, those that exited the S&P in 1999 are looking sweet:

finance.yahoo.com^SPC&d=5y

We're into '98 prices now..

DAK
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