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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: limtex who wrote (36022)	3/3/2002 12:02:42 AM
From: Pink Minion	Respond to of 99280

All of us are bloodied and blinded by Bearism from the Crash but don't forget this was an artificial crash caused by the FED targetting the NAZ by squeezing the very life out if it with interest rates. Oh my, I bet you don't think we were in the greatest bubble in history of economics. As long as there are still bubbleheads that come out of the woodwork on every rally, this market is going up.

To: limtex who wrote (36022)	3/3/2002 12:47:41 AM
From: Pink Minion	Respond to of 99280

I really don't think people realize the harm that bubbles have on the economy long term. The main problem with bubbles is that it misallocates resources. We've had the greatest misallocation of PRODUCTIVITY. Everyone talks about the productivity gains of the last decade, but what about the wasted productivity? Instead of investing in superconducting technologies, we invested in selling dog food over the web. Imagine all the wasted hours the dot.com and telecom world spent doing PowerPoint charts. Waste that won't feed anyone or create any future jobs.