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


To: David Bogdanoff who wrote (6048)6/20/1999 1:42:00 PM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
David, re:Barron's bubble piece. Usually I ignore Alan Abelson since I think he's been kind of bearish for the last 50 years or so but now that I'm worried about Bob's inflection point possibility I took him a little more seriously this week.

Marc



To: David Bogdanoff who wrote (6048)6/21/1999 12:53:00 AM
From: Hank Stamper  Respond to of 15132
 
"Regarding interest rate increases, there is a relevant editorial piece in Barron's which says that there will be many increases because we are in a financial bubble, and Greenspan knows it "

Often, bull markets can take a rate hike or two. But, a series of hikes--three or more--coupled with tight money supply chokes the breath out of the market. Least, that's how my reading of history tells it.

Ciao,
David Todtman