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

To: BGR who wrote (96489)	7/3/2002 4:28:03 PM
From: Knighty Tin	Read Replies (3) \| Respond to of 132070

BGR, "Long term focus"="there will be pie in sky but we're starving now." <G>

To: BGR who wrote (96489)	7/3/2002 5:06:47 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

If your long term focus is lose money, I suppose you might be said to be correct. In this, you have the company of tens of millions of United States citizens. I was 100% in stocks in 1973 and 150% in common stocks in 1982. Is that a long enough term for you? The last ten years, and the last four years in particular, have been the most insane aberration ever to have occurred in American finanacial history. To take them as the norm is simple to participate in communal insanity. You will have lots of company. Or already do. It does seem a shame, though, to see someone from another culture being dragged down by this strange american disease which, as John Templeton says, has spread to other financial markets to the point that for the first time in his life he finds nowhere to invest in stocks. Templeton advises going short, even now. Would you consider him a bad investor?