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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (15190)12/2/1997 10:12:00 AM
From: Cynic 2005  Read Replies (2) of 50167
 
Ike, Dow 800- A reality or a myth?
I agree, it is a myth! -g-

Instead of 6200 now 8000 will bears care to post an apology for getting it all wrong? gggggg

Was that you dare-devil buying KO at 65 and IBM at 113? If so, be my guest. -ggg- Why would bears apologize while a good majority of them are still admitting the possibility of further manic heights for this markets. The big difference between your argument and mine, as a bear, is that you consider DOW a bargain at 8000. I say it is there because it one of the characteristics of the stock market bubble. If the upcoming earnigns warnings don't burst this bubble to low 6000, I will go on record and say the DOW bubble will be at 9000 by February and then a pop!

BTW, the irrational bulls claim that SE Asia doesn't matter. But Altera and motorola say otherwise.

Good to hear from you. How are things in Pakistan? Convey my best regards to your family.
-Mohan
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