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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (3160)5/10/2000 12:41:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 3339
 
Funny how the market can discount scenarios with a very uncertain chance of actually happening.

The market is thousands of actors who sit around and GUESS what will happen. That's what makes it so sloppy and chaotic when the consensus disappears.

At the rate we are going, the market will discount just about anything bad that can happen - and the odds of a sudden drop start to go down more.

The April drop washed out the high-margin yo-yo's. Apart from that, I haven't seen anyone else experiencing anything more than minor irritation.

Doesn't meet my definition of a crash. But I don't sit around obsessong on this stuff, or dwelling on how many planes may fall out of the sky this year either.

More fun picking stocks to play. April was a great time to suck some life out of crappy dot.com shorts.