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To: NOW who wrote (211445)12/26/2002 3:03:14 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 436258
 
I read that a week or so ago, while I can
agree with part of it, he has used only facts
taht support his doom and gloom, much like
the boom and soon type pundits.
It's true we have a lot of negatives going on,
and the latest one is crude going up.
But all those negatives will eventually give
birth to something new.
Necessity is the mother of invention.
---------
Also the Gov still has a hat trick or two it can
still pull off.
I'm looking for the tax on dividends to get killed, and
that will do a lot to re-arrange the shape of the market.
Then over time as BKs do their thing it
leaves fewer stocks left standing and
the consolidation kicks in.
For the most part I'm short term; long/or/short
so the longer term can take care of itself.
Also because of my age by 2005 I'll be out of the
stock game altogether, with limited investments
in bonds, & local real estate.
------------
It's all relative as long as a person don't go
broke.( Power=money )but not necessarily
the other way around, at least not all
the time.
----------
And
We are never any more secure than our
closest friends.
Jim