To All, Barron's review, part 1. Extremely bullish, but otherwise good issue. The quarerly mutual fund results is worth the $3.
1. First, a mea culpa. I knocked Ron Elijah here recently. I hate his style, but after looking at his results, I erred in saying that he had lousy performance. His performance has been spectacular and within the universe of investors who buy stocks stupidly, he is a standout. O.K., not the nicest apology you've ever heard, but not bad from me. <g>
2. An analyst recommends home builders in Abelson's column. We disagree on the future of the economy, but his two picks, Standard-Pacific and Lennar, are goog choices if you don't buy my meltdown theory.
3. In Review and Preview, a Yale economist talks about Dow 100,000 by 2024.
4. In Follow-up, a futurist talks about Dow 41,000 over the next decade.
5. How they gonna do #s 3 and 4? The article, "Time For a Change," gives us a clue. If you don't like the Dow, put in stocks you think will do better. MSFT, INTC, PFE and CSCO are the top candidates. Lunacy.
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