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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (49110)	4/29/2004 11:57:12 AM
From: AC Flyer	Read Replies (1) \| Respond to of 74559

Hello, Ray. Remember how you watched the Nasdaq climb, year after year, all through the 90s, with everybody and his brother making money year after year from all that overpriced tech. junk. And how by 1999 it was just too much for you to stand, so you jumped in, daytrading from that little office in ****, and for a while you did great. And then you didn't, which explains how all that anti-establishment paranoia that you harbor became focused on Wall Street. Well, fate isn't kind, because this decade is going to be just like the 90s.

To: Raymond Duray who wrote (49110)	4/29/2004 1:24:37 PM
From: LLCF	Respond to of 74559

<fancy theories> With no data points I don't know if he's made it to the 'hypothosis' stage, let alone theory! -gggg- There's no reason to own US equities as an asset class [S&P 500 say], it's just way overpriced... that's not to say that there are going to be some whopper gainers out there especially in tech land [probably the companies that will WHACK some S&P companies earnings]... I am NOT excited about biotech however, pouring money down a lot of the wrong holes IMO. DAK