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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: AC Flyer who wrote (16257)3/6/2002 1:55:20 AM
From: oldirtybastard  Read Replies (1) of 74559
 
why would I? the squids from wharton and harvard that worked at EnGone couldn't manage money too well, I don't give the other amateur crooks the benefit of the doubt either. There are more people in the casino fighting to get back to even solely on the long side at this point relative to what is at stake than there are like me, willing to walk away when necessary. What that means is that they will buy all the way down to as low as it will go, all the way, no matter how low, and it will only stop when they finally stop buying but by then there will be anarchy more or less. So for you and them, being wrong means all or nothing, that's the bet when it's settled, and it will be. And you know what their and your only hope is? That something that has never happened in the history of mankind in thousands of years happpens. But you seem to think it will happen, and you base this idea on what you gather from a period of history most likely less than 200 years long, maybe even 25 years? You're a simple minded fool, and unfortunately that's your best quality. And you know, some of us have taken some profits since 2000, it's been quite a drop. Not everyone bets their lifestyle on one horse like you and the other hopesters.
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