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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (67875)9/18/1999 1:24:00 PM
From: re3  Read Replies (1) of 132070
 
michael, laszlo was on wsw last nite...he says the mkt isin't a democracy...you buy the ones going up...

however people forget compound interest and opp costs...
so the potential losses from the ? bear mkt we think is coming is more enormous than people think...and, if you add mer's to the calc...as George Costanza says, forget about it...
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