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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (5947)	6/16/1999 3:09:00 PM
From: marc ultra	Read Replies (1) \| Respond to of 15132

Wally, re:bear market factors. If you change that high inflation to rising inflationary expectations which is the term which Bob has been using lately and the language that Greenspan tends to be using plus you look at the beige book which just came out and I'm expecting you to hunt out<g> this market is on thin ice which will further thin if we can skate around to new highs. Tight money is clear from the strangling off of the money supply growth, rapid economic growth and overvaluation are pretty clear and rising interest rates are clear on the long end and will shortly be a fact on the short side. I certainly hope Bob is right about new highs before any bear now that I sold my hedge. Marc Marc