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Stock market is over sold now but will the short covering rallies only
later show lower highs and lowers lows in the stock indexes . A lot of
people seemed to believe the big break like 87 was near maybe not maybe
just a bear setting in for a one to two year feast after his longest
hibernation. Most brokers today NEVER have seen a bear market nor has a lot
of the public. With fix interest yields so low and mutual funds showing 30
plus returns, calls for a hum mm. History always repeats itself the small
investor always loses so maybe the bear market has really begun this time.
If the small investor pulls his money out of the market he stands not to
gain 30 per cent as in the past and settle for 5% can he do that? The
questions is when will this unbelievable amount of money stop pushing this
raging bull market, interest rates, blue chip earnings, or maybe Monica.
Maybe trees really do grow to the sky so says Jack Beanstalk .
Robert
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