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


To: GraceZ who wrote (27370)1/12/2003 5:06:46 PM
From: _scar_face_  Read Replies (1) | Respond to of 74559
 
Are you saying all stocks are over valued or that Sir John is saying that?

I don't think he singled out any one issue out, did he?

There is always something to buy, always something to sell.

When this secular bear is dead (what did SJ say, another 7-10 years, maybe more?), it will be "the little old rich ladies" game, once again.

Just remember, most of these rich old ladies didn't/don't try to cherry-pick value out of a secular bear market in order to die rich, either. Otherwise, eventually, they'd just be dead old ladies.



To: GraceZ who wrote (27370)1/12/2003 11:16:57 PM
From: LLCF  Respond to of 74559
 
He's talking the S&P no doubt Grace. That's what's stuffed into pensions, etc.

dAK