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To: JZGalt who wrote (21188)	5/3/1998 12:57:00 PM
From: Lucretius	Read Replies (3) \| Respond to of 95453

<<<it is still unclear to me which of these past historical periods we might be in:>> more like 1929..... (ggg) many similarities exist. From the thought that technology will give us unending productivity gains and that we have entered a new era of prosperity. They had no inflation and Yes, transportation (car, train, plane)and invention was the productivity gainer then. Unfortunately, they were wrong. I believe we will be too. Int. Rates appear to have put in a bottom to me also when I look at the chart and then look at all the inflationary factors. as for mutual fund mgrs expecting a correction. yes, many are. yet, they are FULLY invested. NOBODY is worried about an end, just a correction. W/ fund levels as low as they are, it may not be enough to convince the mkt that the bull is alive and well. Like I said, I expect one more mad dash to new highs for the DOW and then I think it is over. IMO of course (and it is ONLY my opnion.) -Lucretius