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To: Rarebird who wrote (36412)	7/3/1999 3:27:00 PM
From: goldsnow	Respond to of 116759

To be sure, tons of money comes into the stock market these days via 401K and IRA funds. But the fact of the matter is that most Americans abandoned fundamentals a long time ago and are merely interested in making a quick buck.>>> Great point! Absolutely, thats why there is a massive proliferation of trading houses ..Stocks have become commodities in themselves, where the supply and demand rules. Everybody is a miner...no equipment or skill necessary, weather is not a problem...Unlike "real" commodities, paper commodities are not backed-up by intrinsic value of costs involved.... air, bubble, new paradigm...