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Politics : Ask Michael Burke

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To: accountclosed who wrote (34749)10/29/1998 7:59:00 AM
From: geewiz  Read Replies (3) of 132070
 
Paul,

Why purchase a car or house at this time? The coming correction of equities and slowing economy coupled with overbuilding of houses and world overcapacity of autos, this is in my opinion the worst possible time to make a material acquisition; the price of everything bought with borrowed money is about to fall. Consumers have taken on more debt than they can handle. Buy leap puts!!!

Maybe I misunderstood your proposal.

best,art
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