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

To: Mike M2 who wrote (46548)	2/11/1999 11:13:00 AM
From: gbh	Read Replies (3) \| Respond to of 132070

I view this market as one of the greatest speculative bubbles in history Mike, certainly this case can be argued, as it is here very eloquently by many. But in the low rate, low inflation environment, the market looks further and further out to justify prices. Will it all end "badly"? Well, that depends on your degree of bad. Is a bear market possible. Sure. A 14 year bear market? Hmmmm. A 4 year bear market Hmmmm. Dow 3000? Hmmm. Dow 5000? Hmmm. Dow 7000? Massive buying even before it gets here. This is not Japan or 1929... Gary