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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (90767)	4/27/2001 10:25:44 PM
From: Knighty Tin	Respond to of 132070

Nadine, In truth, I was in Germany playing around in the gasthauses and didn't pay a lot of attention in 1972-1973. However, the brokers were saying that the bottom was probably in for the small cap stocks, which had been destroyed from 1968-1972 but that most investors should stick with solid growth, the nifty fifty. Guess what got clobbered next? <g> Of course, the small caps took another big hit, too, so the only safe havens were metals, bonds and Japan, which is where John Templeton made his reputation. We look a lot like that era right now. The Naz is dead meat while the Dow is not far off its all time highs.