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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Turned a Corner or Why Investing In Heroin Ain't An Option
Looks like the Stock Market has retested its lows of 8000 on the DOW and is bouncing off of that low....that ultimatily is good news...we are apparently are in a trading range of 8000 to 8800 on the DOW.
As in every crisis or downturn things over shoot the fair market value and soon return to more of its true value....I think that is largely true of the Stock Market...I would hope that it becomes the Market of choich for investors, when they get over their stage fright.
RE, Bonds and Commodities all have had a run....and all have come crashing down off the unrealistic highs that were created.
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"Some Observer"
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