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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (16668)3/8/2002 7:03:02 PM
From: Raymond Duray  Read Replies (1) of 74559
 
Hi Maurice,

I do admire your perpetual bullish optimism. I point out that the illusory growth in 3G that everyone was touting 3 years ago is a dismal whimper of a market, and you say it's coming, it's coming, just wait....

Then you say that because the Dow, which in and of itself is a pointless contrivance compared with the ^spx, hasn't crater, that we're all in high cotton. When I know that the PPT has been inflating the market for a good long while because retail participation in the market can't drive it forward, and the Wall Street insiders continue to insist on stripping the profit out of it.

But I do admire your willful blindness. I must admit there's consistency there.

Cordially, Ray
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