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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: vampire who wrote (3113)	5/4/2000 12:48:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 3339

Maybe you could find another way of amusing yourself. The topic was the bad judgment of bear fund managers and their proclivity for preaching the end of the bull market for the last several years. These persons are not alone. Economists who are near opposite ends of the spectrum, such as John Kenneth Galbraith and Milton Friedman, have been saying the same thing, as have several of the greatest investors of the past century, with different investment styles, such as Templeton and Buffet. Burton Malkiel, who about 1980 was urging anyone who would listen to get into the market, has long since turned cautious. Anyone who could listen to what Greenspan was really saying in his speech this morning would hear an admission of deep uneasiness with many financial arrangements and a declaration that central banks cannot save falling securities markets. I really don't see what making silly remarks about decaffeinated coffee has to do with any of this.