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Politics : Ask Michael Burke

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To: BGR who wrote (96311)	6/27/2002 2:05:54 AM
From: Skeeter Bug	Read Replies (1) of 132070

As for stocks being cheap vs. pricey, its a wash in the long run two points... 1. that wash is the cleaning of your clock. i argued extensively with you about the insanity and obviousness of the bubble. i missed the ENTIRE downturn, BGR. all of it. in fact, i'm up pretty big since march of 2000. i will admit i did take a lot of stock risk since 25% of my portfolio was in a single stock. 2. in the long run, you are dead. as am i. ok, a third point. your pov is for the mentally lazy - the one button prescription to riches. it doesn't exist. you gotta use you noggin' in the long term and make wise choices. a mania market looks good during the mania. however, history shows the aftermath is always pretty bad - without exception. why would this time be different? b/c bgr is in the house? -lol- you shoulda seen it coming, bro. i did. so did mike. we didn't switch our money into the naz near the top - remember me calling you crazy? weren't you arguing how the naz would continue to outperform? did you mean a waterfall? -lol-

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