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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: wooden ships who wrote (3647)	2/25/1998 12:52:00 AM
From: MrCash	Respond to of 42834

GREAT news Truman! Just what we need are more gloom and doom articles to keep us from "irrational exuberance". I sort of wonder about these boomer articles. They seem to forget that we can open the flood gates at anytime to allow workers in to fill any level in the spectrum from lettuce pickers to Wintel Programmers and UTEK steppers. Most come from countries with much higher savings rates too. Today I just heard there was an increase in high tech workers where Clinton is letting in 100,000 rather than the 60,000 per year quota. Our graduate schools are filled with foreign born students. These are the ones that will make good money and pay our social security and fund the IRA's. Anyway, I think said "food intake challenged lady" will sing long before 2008 as I imagine we will not see an orderly increase in valuation and we will see irrational exuberance that will bring on a bear. Hopefully, we will see it and be on the sidelines well before the fall.