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To: The Ox who wrote (6377)1/6/1999 11:37:00 AM
From: 007  Respond to of 14427
 
Great post Mike. So long as there is decent growth ahead and low interest rates, this party should continue. The valuations tell you how it's going to end, not when it's going to end. Greenspan will keep it from ending for as long as he can, and he may even try to keep it from rising too much, but eventually he will be unable to prevent the inevitable.
OO7