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

To: Skeeter Bug who wrote (31729)	8/27/1998 9:21:00 PM
From: Investor2	Read Replies (2) \| Respond to of 132070

RE: "i2, what did 1929 - which is history and you look at history - teach us about this level of valuation? it appears that you proof text history to mean what you want. you didn't tell us all what 1929 taught us would likely repeat." I'm not exactly sure if that is a statement or a question, but it sounds like you are angry at me. You asked what 1929 taught us about this level of valuation. I guess that means that you think that current market action is a direct parallel to 1929. Are you implying that we are on the edge of a huge financial rift. Do you think we will go into an economic freefall similar to the Great Depression? Re: "did stocks drop a whopping 12% (not 10% anymore ;-) in 1929 - is that the lesson you say it should teach us all? ;-)" Again, I'm not exactly sure if that is a question or a comment. When did stocks drop 12%? I think they dropped about 4% today. I believe they dropped more than 12% in 1929. I'm not sure what you are getting at. Best wishes, I2