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


To: Skeeter Bug who wrote (75465)2/9/2000 6:40:00 AM
From: yard_man  Read Replies (2) | Respond to of 132070
 
laugh at me in March or April skeeter. You know what the govmnt numbers are worth.

but beyond this: take a minute. Let go of ego. Pull up a couple of charts. Find one on the growth in margin debt in December -- then find one of the NAZ from November until now ... the NAZ is literally running away ... talk to me in a 2 - 3 months about how sustainable this was -- until then, enjoy stocks

I've already said it. I'll say it again: major collapse in 2 - 3 months. If I'm wrong, then you can have a real ho ho ho at my expense and I'll eat some crow, but not yet ... not from one day's action.

So many bears believe in this thing now it isn't funny ... declines of 10 - 15% are no longer possible, IMO. But let's both just watch for while and see what happens