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To: Alex who wrote (21346)10/10/1998 8:49:00 AM
From: Alan Whirlwind  Respond to of 116764
 
Okay Alex, I admit hearing even Kaplan capitulate turned me negative there. Two things from your excellent Times allegory are particularly significant and apt here:

"'The emergence of such large speculative investors operating with high
levels of leverage on a global basis has no parallel in modern financial
history.'"

Frightening to hear the Chief Economist of Zurich Group utter such shocking stock market blasphemies, isn't it?

"As Lewis Carroll's Queen said: 'Sometimes I've believed as many as six
impossible things before breakfast.'"

I believe that is the dilemma of investors on this thread. Well, I'm late. Catch you around. --Alan