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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (234091)	4/7/2003 3:26:30 PM
From: Tommaso	Read Replies (4) \| Respond to of 436258

I must admit that Fleckenstein's announcement the other day that he was closing all his short positions has spooked me somewhat. How big a bear market rally do you think a quick capture of Saddam could set off? There's so much cheap money all over the place --so many loose dollars around the whole world-- that could be put into stocks. This post-1995 bull market/bubble has affected me somewhat the way the 1930s crash affected the bulls. Instead of depression mentality, it's bubblephobia. Wish I knew the Greek root word for "bubble"