Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject	5/14/2002 3:51:57 PM
From: TechTrader42	Read Replies (1) of 1487

I'm surprised that so few subscribers have thanked me for recommending Kabul real estate 6 months ago, at the low point. You'll no doubt remember that our newsletter called for a shift from equities to Kabul real estate. I recommended raising our investment in Kabul properties to 99%, and reducing exposure in tech stocks from .0000001% to .00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001%. I described the strategy in a recent CNBC interview, but the interview wasn't aired because of technical difficulties (the figures above didn't fit in the graphics) and a colorful on-air disagreement with the host. nytimes.com "In a matter of months, the market has gone wild," said Azizullah, one of the city's best-known property dealers and these days a man of uncommonly good cheer. "A $70,000 house is now worth $1 million, and even for $1 million, most owners wouldn't sell."

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