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Strategies & Market Trends : Ask DrBob

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To: flyeguy99 who wrote (43987)	9/17/2001 4:50:54 PM
From: James L. Fleckenstein	Read Replies (1) of 100058

fg: Re: schaeffersresearch.com I took the snip referring to my brother to heart. He was so "wrong" for so long at least on paper. Now, if only they had not used the word "deadly", it would have been alright: "William Fleckenstein, a hedge fund manager in Seattle who has called the declining U.S. market with deadly accuracy for the past two years and more, likewise advised investors to beware. ‘To the extent that people say they will be patriotic and buy stocks -- that's a poor use of their resources. They should take the same money and donate it to people in need. You cannot cause the stock market to surge in an act of patriotism, people are confusing two separate but overlapping issues.'"

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