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It is a good indicator of investor confidence.  You're right, and I don't deny the importance of that from the perspective of economic forecasting.

You wouldn't, you're a Keynesian.

Those whom the Gods wish to destroy They first make mad. -- Euripides

by Migeru (migeru at eurotrib dot com) on Sun Oct 8th, 2006 at 06:40:04 AM EST
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