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

To: Earlie who wrote (71381)	12/3/1999 11:27:00 AM
From: Nadine Carroll	Read Replies (1) \| Respond to of 132070

Hi Earlie, Too true. BTW, thanks for your explanation about the "flight to quality" at the end of bull market being caused by mutual fund managers rushing to shore up the indexes. I had heard of the effect but not the cause...sort of like shoring up the levees as the river rises, I guess. Nadine

To: Earlie who wrote (71381)	12/3/1999 12:56:00 PM
From: Nadine Carroll	Read Replies (2) \| Respond to of 132070

Earlie, What do you think the chances are for a simple change of mood come January? You know, a the-party's-over-it's-the-morning-after-and-the-start-of-a-new-century-time-to-sober-up change of mood. After all, nobody alive remembers the last change of century (& I have read that such a change of mood happened then). This isn't Y2K doom-saying, it is just trying to guess the psychological effects of a new century. With the market so pumped up on sheer euphoria, it could have quite an affect. Of course, this is just my hunch. Any comments?