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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime
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To: John BOYCE who wrote (56553)8/12/2002 11:17:05 PM
From: couldawoulda  Read Replies (1) of 62347
 
I don't know John - I say it's about time the markets trade at fair valuations - been 5 years plus now that they haven't, and in order to do so, the target Nicholas has placed on the DOW in particular would have to be met. This economy is in no better shape then it was in 95 and then the DOW traded around 5,000. Additional to that is the fact that debt loads are at all time highs so how long can the system keep functioning this way? The banking system is particularly vulnerable to collapse. With that said, I'm just a trader really, so it doesn't matter, however out in the distance I see lots of dust still blowing around.
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