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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (29324)9/29/1998 1:31:00 PM
From: Tom M  Read Replies (1) of 94695
 
From 4/30/98 "Clinton: Don't worry about bubble"

Can't find this online anymore but I just came across my printout from CBS MarketWatch. This is Clinton talking about the "correction" from ~9100 to ~8600. Has some language that now looks pretty ironic:

"Clinton said he wasn't worried about the direction of the market. "Even when it dropped a lot," he said. "I wasn't terribly worried because I thought it was a correction based on the judgment of the people in the market, because our underlying economy was healthy, and our financial system was honest and secure and had integrity and we had strategies for continuing long-term growth.""

Obvious now he used was because of his confusion around the word "is". <g>

(Even scarier if he had carefully chosen "was honest..." over "is honest...")
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