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To: Maurice Winn who wrote (23509)2/27/1999 1:09:00 AM
From: Ruffian  Read Replies (2) | Respond to of 152472
 
Double Top Breakout, Time To Get Down>

208.246.73.62



To: Maurice Winn who wrote (23509)2/27/1999 10:27:00 AM
From: DaveMG  Respond to of 152472
 
A little bearishness from Fleckenstein, who as we all know as been wrong for a long, long time.

stocksite.com

I keep reading him though because despite his bad timing it's evident that he's no dumby.One of the ideas that he's been floating is that there simply isn't enough cash around to support both the bond and stock markets, that the deleveraging which has taken place over the last year has in reality, despite growth in the money supply ( whatever that means) left the markets short of liquidity.

Just food for weekend thought......

PS..Nice photos from the shrimpfest.. Not a single one of you looks the way I imagined you. If you could only see me now...:-)

Dave