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To: Knighty Tin who wrote (219925)2/9/2003 10:57:37 AM
From: Tom Smith  Read Replies (1) | Respond to of 436258
 
Iranian?



To: Knighty Tin who wrote (219925)2/9/2003 11:27:00 AM
From: Mike M2  Read Replies (3) | Respond to of 436258
 
KT, thanks. Mutual fund cash levels were much higher back then near 13% at some point in 1990 now we know cash is trash -g- . It is conceivable that the current expectations of a war rally will be disappointed. The gold market will not top until the hottest thread on SI is Knighty Tins Goldbugs Den -g- BTW PE on the S&P is much higher on a trailing GAAP basis but people prefer to hear promises about the future rather than failures of the past -g- mike