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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: David W. Taylor who wrote (11011)11/8/2001 9:45:36 PM
From: LLCF  Read Replies (1) of 74559
 
<Agreed. Complete Bull. Most people were in complete denial about the Bubble. >

What I said is NOT bull at all, that said I don't disagree with you. Why?? Because you are correct most people are NOT students of the market and didn't [don't] have a clue about any of this. That does NOT preclude the fact that ANYONE COULD have seen it... if they were paying attention and were even rudimentary students of the market. Plenty were talking about it, Greenspan told everyone by raising rates that HE believed it so.

<This is almost worse than being in Bubble Denial. Trotting out the mantra: I'm a buy and hold investor.>

Depends what you're buying and holding!! LOL! Look, you have to use these terms like trader and investor... what else? Investors CAN hold t-bills or GOLD you know!

That said, I totally agree with you about Peter Lynch and all the madness of crowds that's been going on.

DAK
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