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To: Richard D who wrote (46353)6/12/1999 6:06:00 PM
From: Gary Burton  Read Replies (1) | Respond to of 95453
 
The problem for followers of Joe the Bull and Abbey is that none of these current gurus will ever pronounce the bull mkt 'dead' or any equivalent mkt speak variaton thereof-until LONG after the Markets are already off a substantial amount. So, in a very real sense their views now carry very little value added to most investors. One listens to Gurus near market bottoms (a bull who used to be bearish) and near market tops (suddenly turning cautious/bearish Gurus who use to be bullish). Joe and Abbey will never be in that latter camp early enough so why listen to them at all anymore-my 2c