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Strategies & Market Trends : Strictly: Drilling II
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To: Art Bechhoefer who wrote (25084)1/8/2003 5:06:37 PM
From: nspolar  Read Replies (1) of 36161
 
I beg to differ here Art.

I don't think the dividend effect is very great and will soon become less great. I think the market was primed to drop in any event, and that is what it is doing. There is a very good chance this little rally hit its peak, and the market has started a massive slide down.

I think investors are in general scared, not scared shitless yet, but scared. They soon may become scared shitless, and this means some really rough days.

Investors have had 3 very rough years, but the major indices have hung in there well. My read is they soon get there ass kicked as well, and a lot of shit goes down the drain.

It is all spin Art, resulting in still excessive valuations held up by hope and a bunch of debt whores who are about screwed out.

Spin Art, just read my post again, and think spin.

I continued to invest today. Guess where? Bank longs? Spin?
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