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To: orkrious who wrote (195663)10/6/2002 4:37:44 PM
From: yard_man  Respond to of 436258
 
wasted words for the likes of JHP -- things can only happen in the future as they have in the last 10 minutes -- LOL

>>I recently read an article making the case that deflation is not a threat because a) we haven’t seen anything like it in 50 years and b) there are currently no signs of deflation. Well, prior to 1987 we hadn’t seen anything like a stock market crash in 58 years. So what? If something hasn’t happened in 50 years that means it will never happen again? And if something isn’t happening right now it can’t possibly happen anytime soon? <<

Most of today's supposed market analysis is only statistics -- lazy and unable to think, they try to herd the herd back into stocks, hoping it will be a self-fulfilling prophecy. I hear the same kind of reasoning from people who ought to know better around me -- they really buy this "everything is confidence" baloney.