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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: clochard who wrote (4096)3/5/1998 7:13:00 AM
From: clochard  Read Replies (1) | Respond to of 18691
 
And then there's all that pension fund money coming in. Whats a fund manager supposed to do with it? They have to buy stocks with it, the fund rules say, so they buy stocks, at any price. There's no limit to what you can spend - its Other People's Money anyway!



To: clochard who wrote (4096)3/5/1998 7:17:00 AM
From: Pancho Villa  Respond to of 18691
 
>>They can also take out a home equity mortgage and buy in. Hell, the Dow will double in a year.<<

Yes! A mortgage financed through Yahoo!

Pancho


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