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Strategies & Market Trends : The New Economy and its Winners

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To: Oeconomicus who wrote (14784)	11/11/2002 12:32:23 PM
From: Lizzie Tudor	Read Replies (2) of 57684

One thing I never got an answer to was whether those collars that they instituted after the 87 crash meant that the VIX couldn't spike over 100 again. I suspect thats true, but not sure. Is there actual consensus from someone other than a perma-bear that this is a secular bear market? I never heard that term until about a year ago, now its all over SI as some sort of given. It used to be you were in a bull or a bear and that was it... bears were shorter. The valuation argument (that stocks are too high) doesn't really fly on the tech stocks, but may on the other sectors - I haven't looked. L

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