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

To: re3 who wrote (68235)	9/25/1999 5:54:00 PM
From: Giordano Bruno	Respond to of 132070

ike, here's my drivel. If a 10% correction atones for years of maniacal public excess then Glassman should run for President. Jim Glassman/Cohen in 2000 -g-

To: re3 who wrote (68235)	9/25/1999 6:35:00 PM
From: Knighty Tin	Respond to of 132070

Ike, I thought about taking off a third of ASA, but haven't pulled the trigger yet.

To: re3 who wrote (68235)	9/25/1999 9:13:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

It's true, as you say, that no one can say which way the market will go, or when. But one can look at the market--whether it is a market of stocks, bonds, real estate, Cabbage Patch Dolls, gold, silver, or whatever, and make some judgment as to whether the present price level reflects what the thing for sale is actually worth. In terms of their long-term returns of real earned wealth, stocks in general have been overpriced for several years. In my view, they are about as valuable as a title of nobility was in 1789 in France. Or make it, 1788. Off with their heads!