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To: limtex who wrote (8378)9/29/1998 12:45:00 PM
From: TheSlowLane  Read Replies (2) | Respond to of 12468
 
Limtex - So are you in or are you out? I lost track. Same question for Mr. Bowen - still in cash on the sidelines or back in yet?

Side note: Back somewhere around June, right before the doodoo hit the fan, the Economist had a cover story called "The Bubble Prick" or something to that effect - which postulated that there was a speculative bubble forming on Wall Street and encouraged action on it sooner rather than wait for a calamity later. I probably don't need to inform anyone that they got their wish. In a much lower profile article in the current issue - they cautiously submit that perhaps the panic has now been overdone (to the extent that they now see a bubble forming in the bond market) and that valuations are once again starting to become compelling. I know that there has been some discussion on this thread regarding the overall state of the economy so I thought I would throw this out for consideration. Cheers!