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S&P 500
5,428.17
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US TECH 100
19,132.40
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0.33%
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mr_cassandra

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mr_cassandra

Re: KovuLK post# 1285

Monday, 08/22/2005 2:43:57 PM

Monday, August 22, 2005 2:43:57 PM

Post# of 79025
My two cents on energy price shift. I think that the emergence of China as yet another industrialized nation is one of the chief culprits here. World energy demand is now at a permanently higher level due to China development. I think that the only reason oil costs haven’t caused a huge crack in the markets is because interest rates, (hikes or not) are still at multi-decade lows.

You CAN time the market!

But only after you trash the big 3 myths.

Myth 1 - its possible to get every point of every move
...Myth 2 - you'll never have a drawdown
......Myth 3 - you'll never have a loss

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