All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: pater tenebrarum who wrote (29179)	4/25/2000 7:20:00 PM
From: re3	Read Replies (1) of 42523

our buddy kaplan says this about the euro/gold/and the bluest of blue sky blue chippers <G> KAPLAN'S CORNER: QUESTION: Do you think that the euro is going to continue to decline indefinitely? ANSWER: Definitely not. The euro is going to make a sharp and dramatic rebound versus most other world currencies, including the U.S. dollar. This is confirmed not only by traders' commitments but also by international flows of funds via trade and investment. As with gold, the trigger for the turnaround is likely to be a sharp drop in blue-chip U.S. equities such as GE and IBM which have seen their P/E ratios grossly inflated by money fleeing the Nasdaq, and which are foolishly considered safe by most investors, just as Microsoft was considered a sure bet before its recent slide. i don't recall if i posted a conversation i had with the neighbour... him : have you retired yet ? me : huh ? him : well you must be making tons of money in the mkt me : don't you read the papers ? the nas declined by a third him : well, thats only high tech, I HAVE BLUE CHIPS... then he brags how this mutual fund of his is up 10 % recently (on the strength of canuck banks, berkshire, etc : i.e. its the aic advantage fund)

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