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Pastimes : How to best deal with KOOKS at this web site

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To: Iceberg who wrote (657)7/5/1997 12:59:00 AM
From: Gottfried   of 1894
 
Ice, he goes on to quote somebody as saying there is no difference between SP500 and November soybeans. But, in soybeans you can lose
all and they pay no dividends.
They daily 2% swing refers to the volatility, of course.
The real concern is the statement that it is demand (lots of spare cash coming in) that is driving rising prices now - not so much value (earnings). But we can still differentiate between good and poor earners by watching their stock prices. And investors will still switch to bonds if they perceive better value there.

In short, I can't get too worked up about the statement.
What do you think?

GM
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