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Strategies & Market Trends : The Art of Investing

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Dec 30 4:00 PM EST

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To: jttmab who wrote (801)	9/26/1999 2:03:00 PM
From: Gottfried	Read Replies (1) of 10713

Jim, re >"Happy to be in cash"< A prudent stance for now. All Point-and-Figure market indicators say so. Myself, I count on the resilience of my large cap holdings. I got a chuckle out of the Economist's chart on Britain's consumer prices: flat from 1700 to about 1950, then exponential. Conclusion to an alien just arriving on earth: people are much worse off now than in 1700. :) Thanks for the link. Let's remember that those who publish for a living must publish every day. They can't possibly have that much quality material. That goes for Barron's, WSJ etc., too. Still, I read them - but more selectively now than before. Regards Gottfried PS: I remember how respected sources last December predicted $5 crude oil, how I used 5% for annual inflation when I tried to project my income needs before retirement. Now I think it's futile to project very far.

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