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To: pbull who wrote (12434)4/9/2001 1:36:31 AM
From: pbull  Respond to of 13572
 
This is just wildly absurd:

From Reuters:
"Last Friday, a report showing an unexpected drop in employment in March stirred up worries about a potential recession and fostered talk about an interim Fed rate cut."

An unexpected drop in employment? Where has the author of this story been? Any former employees of U.S.-based Fortune 500 manufacturers are welcome to jump in here.

"worries about a potential recession."

One word: Denial. Denial. Denial. We're in a new economy. There will be no more recessions. The stock market can only go up. The Fed will make it so. Because we are Baby Boomers, and outsized annual returns are our birthright. Demographics are in our favor. It doesn't matter how much we pay for stocks, or our houses, because someone else will always pay more. There will always be greater fools than we were. Always. Forever, and ever, and ever.
If you are not a perma-bull, you are an idiot.
Period.
Why? Because we said so.

Ape-rill Fool!!!!!!!

PB