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To: chic_hearne who wrote (2371)7/6/2000 2:55:38 PM
From: pater tenebrarum  Respond to of 436258
 
well, perceptions are one thing, the other is the fact that the bubble of leverage upon leverage gets blown up ever more, and the Fed helps the process along with giant liquidity injections. they can't turn them off as it were...we have seen what happens when money supply growth so much as slows down from 10% to 6% annualized...the NAZ crashed by 40% two weeks later. it's either let the bubble grow bigger, or it collapses...there is no middle ground.



To: chic_hearne who wrote (2371)7/6/2000 3:00:13 PM
From: re3  Read Replies (1) | Respond to of 436258
 
<<<Everything started to go wrong when the big guys let the little guys start playing their game and managing their own money....

what was the alternative to that ?



To: chic_hearne who wrote (2371)7/6/2000 3:10:27 PM
From: Les H  Respond to of 436258
 
American Century launched its tech and biotech sector funds Friday. They have $ 300 million in assets as of Monday.


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