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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (1684)9/19/1998 9:32:00 PM
From: yard_man  Read Replies (1) | Respond to of 3339
 
I think we are going to have more than one bad October. Last few days doesn't mean they can't run the market back up again, just that it will be a little more costly for "them."

People give Greenspan too much credit for moving the markets. If he really moved the markets how come we didn't go back to 6,000 when he said we can't remain an "oasis of prosperity."

A crash is not going to kill us -- might even do some good. I can wait to buy the bargains. The bear market may be shorter this time, but I think there are lots of folks (guy in the cubicle next to me at work is one) who think we just had our bear market. <gggggg>

One bullish fellow over on the K thread cracks me up -- buying financial stocks. These stocks, getting cut in half without a lot of disclosure of the companies real exposure, are trying to tell us something. Folks ought to start listening. The wealth effect is real and so is the opposite effect -- that boulder is already rolling down the hill, IMO.