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Politics : Idea Of The Day

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To: J.T. who wrote (26562)5/26/1999 4:14:00 PM
From: Paul Moerman  Read Replies (2) of 50167
 
Check out this link, particularly the following quote:

"Meanwhile, retired market figure Sir John Templeton drew on his extensive investing experience to come to a gloomier conclusion, saying the U.S. stock market reminds him of 1929 and the pre-crash Japanese market. He predicted the Dow would correct 40 percent from its high, losing some 4,500 points in the relatively near term."

cnnfn.com

Hope he's wrong!!!
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