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Pastimes : Home on the range where the buffalo roam

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To: stockman_scott who wrote (8748)	8/15/2002 12:24:26 AM
From: pbull	Read Replies (1) of 13815

"A rally is likely for a few weeks and then some remnant of today's bad news is likely to rear its ugly head and send the market lower one last time." With all due respect, the people who write this nonsense are clueless. What he's saying, in other words, is that stocks go up unless they go down, but if they go down, they'll go up forever after that. Take a look at a long-term chart of NAV, and tell me why it went up 600 percent from '97 to '99. Please, I'm not being personal here, I'm just trying to make a point about the casino-like nature of this market. Thanks in advance. PB

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