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Re: Zeev Hed post# 239230

Monday, 05/03/2004 6:12:12 PM

Monday, May 03, 2004 6:12:12 PM

Post# of 704019
Although people call it discounting, it seems to me that a more accurate description of what the market does is to attempt to predict what the market will do 6 to 9 months ahead. As with all predictions, the market can be wrong.

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