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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (28612)	5/29/1998 10:51:00 AM
From: Mike M2	Read Replies (1) \| Respond to of 132070

Tippet, I don't agree. low rates scenario which is debatable does not assure the continuation of de bull mkt. See US in the 30's and Japan in the 90's. This is not a bull mkt but a mania it has a life of its own at some point the inflows will no longer be able to generate increases in prices and to whom will de brats sell now that public participation is at record levels. Then people will see that mkts seem very liquid during the expansion of de bubble but de mkts are not very liquid when the time comes to sell. Anyway I look at it I see a most severe dose of tough love fer de bulls. Mike