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


To: PaperChase who wrote (68994)10/12/1999 3:04:00 PM
From: Freedom Fighter  Respond to of 132070
 
Paper,

I'd be less worried about Balmer's comments and the behavior of a bunch of manic investors and more worried about reaching the natural limits of the pyramid scheme. Even the bubbleheads at the Fed and the parade of cheerleaders on CNBS won't be able to push this middle class pyramid scheme past a certain point.

Wayne



To: PaperChase who wrote (68994)10/12/1999 3:09:00 PM
From: zsteve  Read Replies (2) | Respond to of 132070
 
PC,

i do not believe a few words from Balmer have more power than the movement of the interest rates does.



To: PaperChase who wrote (68994)10/12/1999 3:15:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
PC, Right, and if Irving Fisher says stocks can go up forever, they will go up forever. <g>