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


To: MythMan who wrote (35063)11/2/1998 10:39:00 AM
From: Mike M2  Read Replies (1) | Respond to of 132070
 
MM, I haven't tracked his predictions but even w/out the predictions he provides irrefutable facts and well reasoned arguments . Will prefers this type of information rather than relying on the assurances of Wall St which are based upon hope ,linear extrapolations of the recent past that totally ignore the cyclical nature of mkts and human behaviour ( Hi Earlie!) , ignoring widespread accounting distortions at an unprecedented level, fallacious reasoning, managing expectations so we always seem to have "positive surprises" , a business press that generally accepts Wall st arguments without questioning them. In case it has not occured to you Wall St and the government has a vested interest in the continuation of the bull mkt so their comments are highly suspect. If you go back and read some of the comments of politicians and business leaders after the 1929 crash you will see how foolish they sounded in retrospect ( I have a link to some comments somewhere). I am sure I left some things out but if i had the time and typing skills to posts all of my bear arguments you would tremble -g- ho ho ho baby brats r dead meat! Mike