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Politics : Idea Of The Day
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To: Sundar Rajan who wrote (12768)10/25/1997 8:08:00 PM
From: JEFF CHAPMAN  Read Replies (1) of 50167
 
The problem is, Sundar, that there are only two widely recognized bears out there, those being Micheal Metz and Fleckenstein... The media immediately turns to both of these clowns every time 3-4% is shaved of the Dow, yet they are nowhere to be found when the market is going up. The thing these two guys don't realize or anyone else short the market is that economies GROW by nature, so shorting the market is betting against the inevitable growth in technology/economies/productivity/etc.... It doesn't make sense.
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