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To: XBrit who wrote (94032)	4/13/2001 11:33:14 PM
From: bobby beara	Read Replies (1) \| Respond to of 436258

That's a helluva high surprise threshold>>> oh really, you don't think the market could get there in one or two days if greenie lowers rates, or we get another upside surprise or two of some dow components? interesting interview replay tonite on nbr with buffet in 94, he quoted graham, "main st. knows more about business than wall st." ooh ya, the fluctuations in prices of equities are very loosely tied to real business situations and real business valuations, only in the dire bear market condition do stock market valuations mirror the reality of the profit loss statement and the balance sheet. eventually this market will make it back to that condition from this mania, but the exact road is not paved with gold for bears. also being in the trenches of main st., the economy sucking big time right now, i believe the ranks of the unemployed are going up, even though i'm beating on the stoopid bears right now, i am more in the bear camp, than the bull camp longer term, i believe the excesses that were built up in the 90's compounded with a shift in demographics (f*ck dent) will be payed for in the next decade.