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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: kahunabear who wrote (2272)	2/25/1998 1:22:00 PM
From: Mike M2	Read Replies (2) \| Respond to of 5676

Whipsaw, sounds good to me. The trouble the bears have is fundamentally they are absolutely correct in their outlook but "new era" thinking controls investor psychology and will continue to do so as long as it works. They have been participating in a massive Ponzi scheme and will not realize it until it is too late,in my opinion, it already is too late because any attempt to remove significant amounts of stocks to cash positions would hammer valuations. A fortunate few will get out before the inevitable decline which will feed on itself but the majority cannot and will not. Mike