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Pick one of the stock market bubbles that burst in the past and explain how did the market bubble form? Did the market bubble you

Pick one of the stock market bubbles that burst in the past and explain how did the market bubble form? Did the market bubble you selected persist? If yes, why did it persist when it is possible to make a fortune when bubbles burst? Use the market equilibrium, the intrinsic value, and the strategies for profiting from a falling market to explain your answer.

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