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Politics : Ask Michael Burke

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To: Bill F. who wrote (54325)	4/1/1999 10:24:00 PM
From: Lucretius	of 132070

I'll agree w/ you there.... I could care less what sets this thing ablaze, and it will probably be somethng none of us expect... I just don't think the bull mkt will end until our currency starts having problems... till then.... I think the bulls are golden. think about it.. as the rest of the world has crumbled around us for the last couple yrs.. our mkt has gone berzerk. If clowns didn't buy US stocks then they bought US bonds thus driving down int rates and making stocks more attractive.. a regular perpetual motion machine as long as the dollar continues to appreciate. Its as if all the water from individual buckets around the world were poured into our pool as those buckets started getting holes... till we get holes.. the kiddies will probably play in the pool. Nobody cares about fundamentals UNTIL their positions turn into losing ones... so far that's been because of currency movements around the world. Seems like it should be the same here. but hey, if you can whip up a crash in techs based on awful earnings.. I'm there.

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