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


To: Skeeter Bug who wrote (79736)4/17/2000 1:18:00 AM
From: Bilow  Respond to of 132070
 
Hi Skeeter Bug; When the US gets a sniffle, the rest of the world catches the flu. And the last time that happened the financial wizards were able to control it.

I agree that eventually the $h:t hits the fan, but I don't think it does this week. Been wrong before, but one usually does well by betting that normalcy returns, depending on one's time frame.

The question is what is normal in this market. I think the high P/Es are normal. By this, I don't mean to say that the Dow or Naz will set new highs again this decade, just that the price movement is likely to be up for this coming week, and orderly in any case.

That said, overseas isn't pretty.

-- Carl