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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
64,049.34
(
1.84%
)
Post# of 220803
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Monksdream

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Monksdream

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Re: Buckey post# 185011

Tuesday, 04/13/2021 5:59:40 AM

Tuesday, April 13, 2021 5:59:40 AM

Post# of 220803
There is this market maxim that says the market can remain overvalued for longer than I can stay solvent, said the short seller.

Who is to blame for this so called overvaluation?

Just about everybody as far as I am concerned.

We blame the excess margin buying.

We blame the lack of research.

We blame the beginners who blindly buy without accounting for a possible correction.

We blame the Fed.

We blame the Congress.

What must be understood is every participant, no matter how seemingly insignificant, in aggregate, causes prices to rise.

I am writing a book, American Cars of 1958. Check often for the latest addition. https://investorshub.advfn.com/American-Cars-of-1958-37252/

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