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Non-Tech : Invest / LTD
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To: Lucretius who wrote (4360)10/16/1998 5:33:00 PM
From: RGinPG  Read Replies (2) of 14427
 
The problem with being bearish is that it gets to be a habit rather than a strategy. Wake up and smell the coffee. The FED is adding cash to the economy by the bucket full. Interests rates are low and falling (the FED would have to decrease another .5% to get down to open market rates), Japan and Asia look like they are finally getting their act together. You called the bear market correctly, I'll give you that, although I'm still not too sure what you based it on. But it's over. There will be no recession (which is what the market has priced in) and no global meltdown to power the price of gold. NE is still at 15 1/2 (even after gaining 25% for the week), didn't you say you would buy after it fell to 19? It's not too late.
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