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To: yard_man who wrote (43158)6/25/2002 9:56:40 PM
From: UnBelievable  Respond to of 209892
 
There Really Has Not Been New Money Going Into Equity MuFu's

And by the charts. In general long buying declines as prices rise, short covering increases.

This general guideline was not very applicable during the MoMo years but I think that buyers are becoming price sensitive again. At least with regard to relative price. In terms of absolute price, or value, we still have a way to go.