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


To: Knighty Tin who wrote (47557)2/17/1999 12:56:00 AM
From: Stefan  Read Replies (1) | Respond to of 132070
 
Here is something to put a smile on everyone's face. Check it out you will not regret.

messages.yahoo.com@m2.yahoo.com



To: Knighty Tin who wrote (47557)2/17/1999 9:14:00 AM
From: Eggolas Moria  Read Replies (1) | Respond to of 132070
 
<John, I would feel a lot better if Yardeni was ever right about anything.>

Back in 1990 (or thereabouts, memory being what it is) Yardeni published a bit of nonsense while at Prudential. He forecasted 5-5-5000 5% long bonds and 5000 on the DJIA by 1995. Not entirely accurate, but the direction proved correct and the timing not too far off given the magnitude of the moves.

As to Y2K, I can relate a story told to me by a NWA employee. It seems that a few years ago the Japanese were a bit bemused by the whole Y2K issue. The reasoning over there was that they count years by the emperor's life, not in western terms so that they did not have a Y2K problem.

Then someone pointed out that there was a difference between a software overlay . . .

The Japanese are far behind.