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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (9371)	10/11/2002 12:04:11 AM
From: pbull	Read Replies (3) \| Respond to of 13815

My impression of that particular Wall Street sage is that he seemed quite sanguine about the market all the way down. They all presume that you have a $50 million portfolio, so if it goes down 40-50 percent, well, so what? They all seem to think, "Prosperity is just around the corner." Sig remembers that one, I'm sure. The bottom line, to me, is that I want to see the financials acting better before I commit funds to this market. Maybe I've lived through too many oil shocks. Maybe it's different this time, and oil doesn't matter any more. PB