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Old 04-18-2005, 12:25 PM
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Default bulls, bears, and high bids

Posted By: William Brumbach

It also comes down to a matter of tangible assets. I don't think you can really do a day to day or week by week snapshot but rather longer term trends. One has to look no further than the Barrett-Jackson car auction every year the past few years to see this. Do you want to risk dumping $50,000 into the next Enron or do you want to put that money into a numbers-matching 1969 Dodge Charger R/T? Personal preference obviously but the reality is that a significant number of people are willing to go after tangible assets ranging from cars, artwork, real estate or whatever else instead of purely stocks and equities.

I guess it's all relative to what kind of cash flow you are dealing with. I mean really, was anyone else watching the end of this T202 last night? Fantastic! I say even though it's out of my price range right now.

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