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

To: The Perfect Hedge who wrote (40888)	12/24/1998 11:48:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

B, The way they are moving during this bubble blowoff has no impact on my thinking. Which stocks I look at for the last third depends on what is most egregiously overpriced at the time. I suspect some of these will be there. Schwab is up on record # of trades in November. However, I don't think money supply and credit can continue at the current rate and we will see a huge falloff early next year. And even if we don't, their earnings are nowhere vs. the valuation. MB