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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Bilow who wrote (10559)12/9/1997 6:37:00 AM
From: Jack Clarke  Read Replies (1) | Respond to of 18056
 
Carl:

Good summary. I perhaps sounded more cynical than I am. I actually agree with what you say regarding the long term. I am just too much an empiricist to ignore these valuations and what they have implied in the past. The fact that I jumped into the market in 1969, along with the rest of the market mania participants, also must color my thinking.

Jack