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To: Wyätt Gwyön who wrote (82465)9/18/2009 8:38:12 AM
From: tom popeRead Replies (2) | Respond to of 118717
 
I agree that the absolutely extraordinary run we've had since March suggests caution and that increasing optimism would be a danger sign. Speaking just for myself I want to make sure that I don't fall into the February 2000 trap of convincing myself that I had suddenly become an investing genius. My current portfolio is pretty boring, and that's fine with me. I hope it stays boring.



To: Wyätt Gwyön who wrote (82465)9/19/2009 6:16:15 PM
From: gregor_usRead Replies (6) | Respond to of 118717
 
Fresh Jimbo: online.wsj.com

Needless to say, while I can go along with Jim part of the way on a directional basis--in the sense that I do agree we are recovering from a spider hole collapse--I fail to see how the debt levels do not act as a chronic restraint on the economy. Not to mention that we birthed and bought stuff for those whom we birthed since 2000 based on a phantom economic expansion.

Does Grant surprise you?

G


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