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To: yard_man who wrote (153288)2/25/2002 3:54:08 PM
From: JRI  Read Replies (1) | Respond to of 436258
 
I think it is possible (although highly unlikely)...consumer spending to continue to be supported (for years) by a combination of tax cuts, and 401k and home equity liquification....but that would be awfully irrational

Of course, it would also lead to near depression (after that) but whatever...that ain't gonna happen, and you're right...consumer is going to pull the plug on this soon enough



To: yard_man who wrote (153288)2/25/2002 4:20:15 PM
From: UnBelievable  Read Replies (2) | Respond to of 436258
 
When They Teach About Stocks In School

What do they say a share of stock is?

What do they have to say about SPX having a PE of 47?

How could anyone who has any understanding of stock prices buy in today's market?


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