Re: Possible Facebook IPO: History reapeating itself?
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It reminds me of stories about old timers in the 1950's who kept shorting any slight market downturn b.c. the depression permanently imprinted itself in their heads, and thereby could never make any money even while the times were booming.
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Exactly what I think. I've never seen so many doomsayers and permabears before, from just hearing some of the talk, you would think we were in a depression.
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