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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Lee Lichterman III who wrote (22443)10/25/2001 1:09:13 PM
From: Lee Lichterman III  Read Replies (7) of 52237
 
3 Bad economic reports and this market refuses to stay down. They don't need War Bonds or Freedom Bonds, we have a stock market.

I swear I am really starting to believe if every corporation came right out and point blunt said that there was no way, no how, ever, never, ever, going to be a way that they would ever report a profit in the next 100 years, people would still buy more stock. There are no real dividends anymore, no hope of dividends and no reason for anyone to buy and hold a stock today in tech and most of the NYSE.

This market has won, I quit, I am swearing off this casino forever and moving to bonds and commodities again. There is absolutely no reason for the valuations of this market to be anywhere near half these levels much less where they are now. I will trying to liquidate the remaining portions of my portfolio and moving on.

This market is getting to be like the lottery which is really just a tax on people that can't do math except this market is for people that like to donate money to people in suits. This is going to end so bad someday I don't even want to be watching.

I am moving to commodities and bonds where J6P doesn't tread and people use their minds and not dreams and heavy drugs.

Good Luck,

Lee
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