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

To: Ilaine who wrote (6496)8/2/2001 8:51:08 PM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hi CB, The 4 trillion lost in the initial fall will take a long time to 'make back'. The carnage will continue per script. The FED created moral hazard has instilled no discipline on the market place. The system is running exactly as it did. Big falls tend to follow smaller falls. Unreasonable valuation (in the aggregate) is just that, unreasonable valuation.

Chugs, Jay


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