Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Thomas M. who wrote (33890)	10/15/1998 10:00:00 AM
From: Knighty Tin	Respond to of 132070

Tom, but in 4Q 1999, most bulls will have no cash left. <G> You don't think Stack is bearish do you? <G> MB

To: Thomas M. who wrote (33890)	10/15/1998 11:27:00 AM
From: Mike M2	Respond to of 132070

Tom, thanks for the summary. While I cannot say when it happens I would agree with poor foreverbear Jim Stack on his price targets my guess is Dow 3xxx range. When bearish psychology takes over there is no telling how bad things get but I expect the opposite exteme of this current mania. Here is a little tough love tidbit for the first time ever holdings of mutual funds by private households exceed household bank deposits. This mkt has become a confidence game and a Ponzi scheme. Mike