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To: mister topes who wrote (7972)8/22/1999 2:51:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 15132
 
Don,

That bearish statement has been uttered by the Michael Metz's of this world for at least the past decade.

The market could be cut in half and those that ignored the Metz's of this world would still be almost infinitely better off.

Metz finally admitted that he was "out of step" with the market and stepped aside from public commentary.

What makes you so sure that we're at NoseBleed levels?

Andy Bary, in Barron's of all journals, just published a rather bullish outlook based upon valuations based upon real economic earnings.

Why should anyone believe that Don Lane is any better at forecasting than Michael Metz, Barton Biggs, David Tice, Fleckenstein, ...?