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

To: Knighty Tin who wrote (35541)	11/8/1998 1:33:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

To All, Barron's review. 1. Abelson has another scary set of numbers about suckers' rallies in bear markets. The calculations carry the Dow bear market to between 5000 and 1600 after all the suckers are back in. 2. Six pundits are surveyed with only the two technicians seeing the light and calling for the bear to roar again. I know and like both of them, even if their "science" is a joke. Abby Jo still claims that nothing happened economically. I wonder if she has ever read "The Emperor's New Clothes?" 3. A profile of pop-tart flavor of the day economist Paul Krugman. His comment that he ignores the Austrian Economists because he cannot quantify their theories is similar to a literature professor claiming that Paradise Lost is the only epic poem worth reading because Virgil and Homer did not compose in English. <G> What a goof! 4. A solid piece on Total Petroleum. Look for a pop tomorrow. 5. A nice pat on the back for Emerson Electric for raising its dividend for the 41st consecutive year. This is called really performning in the real world. Too bad most other cos. don't quite get it. Or, they just don't have the real performance to get it. <G> 6. A discussion of how Dreyfus messed up their junk bond fund. 7. A tech forum. Three gurus, two with horrendous returns on their portfolio and one who doesn't report publicly, tell us how to buy tech stocks at the top and get creamed in the marketplace. At least Roger McNamee gives some short sale candidates, including Lucent. Now that I am out of my spread conversion in Lucent, way to go, Roger! <G> 8. A mention of laying off marketing people at my old firm, Van Kampen American Capital, in the hopes of selling the white elephant to some dummy. I'll buy. But my bid may be a bit low. <G> A decent issue for a change. MB