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To: kahunabear who wrote (10099)11/2/1998 5:21:00 PM
From: IceShark  Read Replies (1) | Respond to of 86076
 
Do things look better now than they did in March ? I don't think so.

Oh, I don't know. Does it really matter? Buy the dip has just been proven for the umphteenth to work, so much so that it will take decades to shake like inflation expectation has. And the financial industry has again proved that they can spin, beg and bribe their way out of taking hits for risk stupidity as well as any potential waning of revenue streams from "investor" fixation on trading and plowing money into the market.

Sometime in the last few years, the wheel was rigged to long plays. I don't know if we had such governmental and institutional support to keep the ball defying gravity in the past - maybe some of you know what went on from that standpoint in '29, tulips, and the South Seas. I suspect it was no and that is what is different this time around.

Regards, Ice