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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Scott Bergquist who wrote (1252)12/5/2000 3:41:53 PM
From: Tommaso  Respond to of 74559
 
Thanks, I am filing your message away for future reference.



To: Scott Bergquist who wrote (1252)12/5/2000 5:28:22 PM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 74559
 
I am getting to feel that the more roundtrips the Nasdaq makes from sub-3000 to 3000, the =permanent= unlikely hood that realistic valuations will ever regain.

That is a seductive thought, but look back in history. Right before the 1929 crash, Fischer said stocks had reached a "permanently high plateau". Famous last words.


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