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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: JB2 who wrote (63528)	6/30/1999 10:23:00 AM
From: Freedom Fighter	Respond to of 132070

JB2 >>this bull market rewarding in the "short term"---what short term, it's been going on for like 17 years?! If anything the "middle class sheep" you can't wait to see suffer, already had it "blow up"<< Not the entire bull market is unjustified. Stock prices were very depressed for much of the 80s and reasonably priced in the early 90s. But the last few years has seen valuations go into uncharted and dangerous territory. Second, I don't want anyone to suffer. That's the exact reason why I think it would be better for it to blow up sooner rather than later. If I am correct, the "sheep" are dramatically overpaying for many businesses. The sooner they stop, the less their ultimate loss or the less of their capital will be tied up generating poor returns. The longer it lasts the worse the pain or disappointment they will ultimately suffer. No one does well paying dollars for 50 cent pieces except the seller. Wayne