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

To: Knighty Tin who wrote (68902)	10/10/1999 2:32:00 PM
From: re3	Respond to of 132070

hi all...barrons this weekend had a nice review of the market and its darling stocks circa 73/74...interesting to recall some of the darlings then, it also reminded me of dome petroleum , a local favourite, now not in existence... there was a note in there about how Buffett has been unable to put his cash horde to work... i get a technical mkt letter here and the fellow is suggesting its time to look at canadian banks...we only have 5 major banks here, the pe's are relatively low and the dividends relatively decent..this fellow feels the mkt will be ok till jan/feb 00 and then we may see the 'sell of a generation'...he also writes in a local paper and felt the oils are going to be taking a 'rest'... good luck ike