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Strategies & Market Trends : The Stock Market Bubble

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To: Box-By-The-Riviera™ who wrote (2021)10/7/1998 3:53:00 PM
From: Tommaso  Read Replies (1) of 3339
 
You know, with a good-sized drop on the NASDAQ and this piddling up and down around unchanfged on the Dow, we are getting the fall of the next tier up from the Russell 2000. As others have noted, the blue chips are seen as less speculative asnd safe. But when the money that's coming out of smaller caps runs out, they should start to collapse also.

I am hoping at this point for a rise of anything from 3 to 6% on Prudent Bear for today. The shorts there are in the families and ranges that are beginning to get hit. Or so I think!

All the volatility and the rolling selloff fits the model of a bubble and a collapse, including the classic frothy speculations of the past year or two.

I think this one is going right on into the books of great bear markets--and a long way down to go.
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