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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (83684)11/25/2008 5:23:24 PM
From: Real Man  Read Replies (1) of 94695
 
Well, actually, if you take this dollar stuff into account properly,
then there was no bull market - stocks have been constantly
dropping since year 2000. The DOW in gold dropped from a high
of 43 in 2000 to the low of 9 on October, 10, a 79% drop,
and that low was not exceeded in November (so far). It
then stabilized in the 20-s and got nowhere for 2 years. The
second wave of the bear really started when hilo Ben came.
However, their price in dollars was rising until 2007 as
stocks were dropping slower than the dollar. Once the
dollar started rising, the mirage disappeared. <g>

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