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To: Snowshoe who wrote (19005)9/17/2000 12:50:28 AM
From: patron_anejo_por_favor  Respond to of 436258
 
I saw that....good, good. We need more of that bullish excreta to flush this big smelly floater of a market. Actually the Barron's cover this week was just as good, it featured how the numbers of "The New Rich" have exploded in the last few years. The contrarian view would hold that they've reached an all-time high with that cover, and a market crash would be the expected mechanism of wealth "adjustment".....



To: Snowshoe who wrote (19005)9/17/2000 1:59:48 AM
From: LLCF  Respond to of 436258
 
They Glaze over this part:

<For instance, an investor in 1967 who was 15 years from retirement, saw the real return on his portfolio fall to zero, Massachusetts Institute of Technology economics professor James Poterba told the group on Saturday.>

Ho ho ho... I'll be a +4 by then retired with all my T-Bills.

DAK



To: Snowshoe who wrote (19005)9/17/2000 9:09:30 AM
From: Les H  Read Replies (1) | Respond to of 436258
 
The Fourth Mega-Market: The Bull Market Through 2011

amazon.com