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Strategies & Market Trends : The Millennium Crash
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To: kahunabear who wrote (2634)4/30/1998 12:03:00 PM
From: Mike M2  Read Replies (1) of 5676
 
WS, Rydex and Bearx do a good job-the problem is we are in the midst of a mania and picking the top is extremely difficult if you are convinced we are,in fact, in a mania and do not believe in "new eras" then DCA . one point about Rydex is the S&P will be one of the last to go down and some people believe the Fed intervenes via futures during severe mkt breaks -it would not surprise me although no one has been able to prove this. My guess is near term Bearx will perform better because he shorts techs and it is clear to me that the fundamentals continue to deteriorate. I think even Wall St knows this -they are slime. Mike
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