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To: Real Man who wrote (334402)	4/27/2007 12:29:00 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

there's a limit to the stupidity of the Fed --

To: Real Man who wrote (334402)	4/27/2007 12:33:24 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

confess -- this is you isn't it?? thestreet.com As for timing, he concedes that's impossible to predict. But here's the kicker: Even Grantham thinks you probably need to be bullish right now. The reason? Most bubbles, he notes, go through a short but dramatic "exponential phase" just before they burst. Like Japan in 1989 or the Internet in early 2000. "My colleagues," wrote Grantham, "suggest that this global bubble has not yet had this phase and perhaps they are right. ... In which case, pessimists or conservatives will take considerably more pain." isn't it time for Plonk to weigh in ... wasn't he the guy who signalled the last exponential pahse