***OT***Yogi, Stitch, Nurse Ratchit, et al.....Sell the farm (and your house). Invest in stocks.
Ralph Acampora, Prudential Securities guru, said today the DJIA could hit 11500 by year end 1999.
The NASDAQ and S&P500 could gain 20-25% by year end 1999.
Although Ralphie didn't say to sell the farm, it seems like an intelligent bet, if we have a 20-25% gain in these major averages.
But can we really rely on Ralphie to come through for us?
Barton Biggs, the chief global strategist for Morgan Stanley Dean Witter, in his 1998 year-end letter to clients, wrote, "About next year, if anyone really knew [what the markets would do], they wouldn't tell you."
So who do we really believe?
Larry, searching for the truth
PS--If I could make a few dollars, I might settle for that, instead.
PPS--My thanks to Iceberg for providing an understandable explanation for how polls could show Clinton is the person most admired by Americans, in spite of Clinton's stupidity/lack-of-personal-control/whatever. Personally, I have nothing against Clinton, but I just found it unbelievable that he could be so highly admired. But I was focusing on the word "admired", instead of "liked"/"felt-sorry-for"/"supported-in-spite-of"/whatever.
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