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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (238)	4/20/2003 1:36:19 AM
From: LLCF	Respond to of 4907

<It would be hard to find anyone with a big chunk of change that didn't put it into something that lost. They had to put that money back into something and they didn't all put it in government bonds. > True to some extent, but believe me, if anyone saw the madness lots on WS did. Having been part of that 'crowd', I can tell you tons of J6P's made more money in stocks in the insane run ups than many savy WS types... they DID have their money liquid and kept doing so with their insane bonus'. OTOH, many 'partners' in firms had to leave some money in their companies stock... everyone I knew, knew it was stupid and were trying to hedge it. Just FWIW. BTW... in the world of black and white, legal and non-legal, most did nothing wrong. In the spiritual world of "intentions"- most knew they were involved in "wrong". It's hard to stop a speeding train when everones partying. DAK