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To: jackhach who wrote (10995)	10/22/2003 10:51:46 AM
From: bob zagorin	Read Replies (1) \| Respond to of 13797

interesting post jack. pretty gutsy to call a major crash in going into the end of the year especially when almost no one has losses to clear from this year. but it's definitely a good thing to see both sides of the story and i agree that there is a liquidity bubble that bush and greenspan will have trouble keeping inflated but they will try at least thru the election... jmho.

To: jackhach who wrote (10995)	10/22/2003 11:16:45 AM
From: Greg h2o	Read Replies (1) \| Respond to of 13797

oh no! not the "market prophet"!!! yes, the market is a little over-extended. yes, there are certainly pockets of overvalued stocks. heck, the "defensive" stocks that he highlights, such as PG and CL, are trading at 25 times earnings and he's suggesting to buy THOSE? i think a few people beat him to it.... hey, i'll sell you my newsletter for $36k. it might have kept you from buying the Q's last year (now would be a better time, but i wouldn't bet on it). why did you decide to trot out an article like this on a negative day when you've had SOOOO many positive days in which to do such?