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To: pater tenebrarum who wrote (196)6/22/2000 2:08:00 PM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
yep, 230 is still the target, imo... stocks won't tank till we hit it, at the earliest....



To: pater tenebrarum who wrote (196)6/22/2000 2:08:00 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<CRB index is rocking today. that's good for inflation, which in turn is good for stocks>

Yep, earnings always keep up with inflation, coupons don't, so buy stocks... I think the bears are the ones keeping the lid on that CPI. Given EMH, I would recommend putting the highest PE's in your portfolio RIGHT NOW because they'll outperform inflation by even more.

DAK


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