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To: Haim R. Branisteanu who wrote (63280)9/21/1999 1:49:00 PM
From: bill meehan  Read Replies (4) | Respond to of 86076
 
<<Now just imagine if the market tanks OUCH <G> >>

Haim, haven't you heard? It's a new era! If the market tanks, that's a good one! How could it possibly go down with virtually every genius on Wall Street proclaiming that there are "no clouds on the horizon?" If they could only look beyond the horizon they'd realize that things are even better than they imagine. I've read some excerpts of that book calling for a pansy 36k Dow and can't figure out why stocks shouldn't have a negative risk premium since they only go up. A six-figure Dow is more likely over the next couple of years, and if our government was smart they'd be increasing debt levels (like most of our super-powered, global-leading companies) to leverage the whole country to the market. Let's see those old-thinking, unimaginative bears get in front of an unlimited amount of greenbacks perpetually cascading down on them.

I see no more taxes, 4 SUVs in every garage, free health care, education, booze and monthly government checks for anyone that still cares to work. The only cloud on the horizon is where to put all those foreigners that will have to do our bidding. Easy Al will figure that one out before it becomes a real problem. <G>