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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (5215)6/7/2000 11:16:00 AM
From: smolejv@gmx.net  Read Replies (2) | Respond to of 5676
 
The problem is, we all agree (anybody against it, raise your hand...nobody, OK) that the bubble of exuberance is still there (altough a little rationalized by now ;) and that AG has (still) the problem of letting the air out without f...ting too loud.

BUT... we all want to keep our double to triple-digit ROIs. A ROI of middle twenties (which means a double payback for the risk on top of the riskfree return) is something you got to be ashamed of the last few years.

Whatever...The fun will start when mr Consumer and Mrs Consumeress of US will start cutting down on the number of their credit cards etc. Start putting aside few nickles and dimes for the old age. Pay down on their house instead of taking another home equity loan. Etc etc.

We all seem to know the tune. Except we dont know yet how load it will be played down the road.

dj