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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (90858)	5/5/2001 3:10:32 PM
From: Knighty Tin	Read Replies (1) of 132070

To All, Great quote today in Barron's, though the quote is not as well-known as the quoter: "Harry Nelson...on March 24, 1930...warned of 'the prompt return of huge speculation and the liberal manner in which current earnings are again being discounted.'" Abelson then goes on to say "We're indebted to Bill Fleckenstein, a scholar as well as a money manager, for the quote. Bill reminded us that Harry's warnings were sounded roughly 3 weeks before the peak of "the famous suckers' rally, after which the market dropped a mere 90% over the next two years." Way to go, Bill. As if I didn't have enough worries with my life savings on a 17 horse Kentucky Derby. <g> Edit Your Message (15 minutes left) \| View Next 10 Messages \| Previous \| Next Remove Bookmark Ignore this Person View SubjectMarks Enter symbols or keywords for search: Quotes Stock Talk Charts News People Symbol Lookup Subject Titles Only Full Text This Subject Only Go to Top Terms of Use Got a comment, question or suggestion? Contact Silicon Investor.

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