On Mar 27, 1:18 am, "FrediFizzx" <fredifi...@[EMAIL PROTECTED]
> wrote:
> It's always been that
> way and always will be that way.
>
> Fred
No, Fredi, it hasn't.
It hasn't always been that way, and it isn't that way today.
Take a good look at a linear chart of the Dow since 1980.
http://tinyurl.com/2rd8lo
Most of the gains since the Dot Com Bubble have been riding on air
provided by the ~100:1 leverage of hedge funds like Bear Stearns BSAM
group.
The hedge fund bubble popped with the BSAM failure, and there is
likely more bad news to come.
"Never just one cockroach."
Post Dot-Com the DOW regressed to 8000, and might have gone to 6000
without a lift from hedegfund hyperliquidity.
I think it really depends on how well the big boys unwind there
positions, but the Dow might / could regress to 8000 on panic and
recover to around 10k
Then again, we might find a new bubble pick up where this one leaves
off. Who can say?
In any case, this hedge fund bubble is over.
The Dow will regress... to where is anyones guess.
You go right ahead and buy into this Bear, Fredi, and we'll see you at
the bottom.
..
..d
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