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


To: Bill F. who wrote (56584)4/19/1999 9:52:00 PM
From: Lucretius  Read Replies (1) | Respond to of 132070
 
Bill... here's what one bears thinks (and I've seen this formothers too):

decisionpoint.com

Note what he calls "worst case scenario".. ho ho... bet he's never run that chart in some other currencies before.... -g-



To: Bill F. who wrote (56584)4/19/1999 11:53:00 PM
From: Greg Jung  Read Replies (1) | Respond to of 132070
 
Bill, very good rap summary tonight.
As I'm typing this the CNN marketwatch replay is on... the report by the two market babes indicates a general complacency still present
with regard to the market and the bizarre run-up of the last value plays.

As for media personnas that got it right (if this does turn into the armageddon visualized), Vince Farrell remarked thursday or friday about the upturn in cyclicals off hand that he hoped it wasn't a signal of the end of a bull market.

Today Yardeni explained the market action well, by saying that investors (sic) are addicted to being "fully invested" and just a tiny spill-over from the $2 trillion tech market to the $500 billion "other".

Now I've just heard the Blodget/Siegel debate on CNN. Blodget is sticking to the script - "sure they are expensive but nobody knows how to value them".