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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (21042)10/31/2002 6:55:31 PM
From: Art Bechhoefer  Respond to of 36161
 
Jim, my long term view is influenced by corporate earnings, which for the most part are likely to be just so so for another year. If an investor can't obtain a return better than about 6 or 7 percent on the average stock, that investor will either choose bonds (reasonably good corporate bonds pay that much) or maybe gold stocks, particularly if the international situation deteriorates.

Art


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