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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (18997)5/16/2002 12:49:24 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
Mq, re high PE coming to roost for years to come, you may be right. But it may be for wrong reasons. Except if the bulk of (Marx-style) capitalists (*) decides to retire. The litany of <I'll stick around until I have 2M in options and then I'll retire> is not a normative (anymore).

dj

* generally Marx is connected rightaway with Manifesto of the Communist Party, and then follows Vladimir Illich Lenin etc. I have his Capital in mind (and the theory of the interest rate etc).