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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (15823)5/15/2001 9:54:25 PM
From: Crimson Ghost  Read Replies (1) of 30051
 
Today's action stank to put it mildly. The bubbleoneans got everything they wanted from the the "maestro" and the market still went nowhere. The fact that the S&P is 20% overvalued by the Fed's own model has a lot to do with this IMHO. Looks the bears are going to romp some before we get a sustainable rally.
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