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

To: Baldur Fjvlnisson who wrote (12769)	1/4/2002 3:29:03 PM
From: AC Flyer	Read Replies (3) \| Respond to of 74559

>>the U.S. banking system will come tumbling down<< Do you actually believe this? You know, this kind of statement could be seen as unpatriotic (or worse) during this difficult time, with the US fighting an enemy who has vowed to bring down the US economy. Well, I'll give you the benefit of the doubt and chalk it up to plain old stupidity. I'm getting the impression that in your view, the stock market should work like this: 1. Public companies report their earnings with no spin applied. They project future revenues and earnings with 100% accuracy and infallibility. 2. Sell-side analysts project stock price targets with perfect foreknowledge, based on public companies' infallible earnings projections. 3. Small investors like Baldur Fjölnisson buy the stocks that the sell-side analysts are recommending, then sleep soundly at night in the secure knowledge that the analysts' price targets will be hit right on schedule. They then sell and reap their guaranteed 50% annual capital gains. Is this about right, Baldur? It would be nice, wouldn't it.

To: Baldur Fjvlnisson who wrote (12769)	1/4/2002 4:58:22 PM
From: LLCF	Read Replies (1) \| Respond to of 74559

<We didn't understand Enron. Is this supposed to be a serious law enforcement agency? > Not to be repetitive.... but it's not their job. DAK