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

To: Mama Bear who wrote (57222)	4/24/1999 1:12:00 PM
From: Eggolas Moria	Respond to of 132070

It might be advisable to pay some attention to the M3 chart in Abelson's column this week.

To: Mama Bear who wrote (57222)	4/24/1999 2:01:00 PM
From: yard_man	Read Replies (2) \| Respond to of 132070

>> I believe it will take an exogenous event to cause any significant correction. It's just not going to happen unless folks run out of money, margin buying power, second and third mortgage loans, and credit card cash advances.<< The two statements are inconsistent, IMO. It will be the latter event: a slowing of the rate of funds flowing to stocks ... I think there is already some evidence of this in the rapid rotation from one group of stocks to another and back again. Bonds and stocks go up together a little more infrequently as of late, too. An external event won't be needed to dry up the flow of funds -- rather jsut to show that these flows have already slowed enough that the market is vulnerable to a significant decline ... that's when sentiment can feed on itself and make flows scarcer still. I think we've already started this process. It started 2 weeks ago, IMO.

To: Mama Bear who wrote (57222)	4/24/1999 2:49:00 PM
From: re3	Respond to of 132070

its all the fault of that seinfeld show... remember when George decided he'd do the opposite of what he usually does... up is down, left is right, 'opposite' became his new religion... so, what happens when bad things happen to a company... all together now...WE BUY... Howard

To: Mama Bear who wrote (57222)	4/24/1999 3:06:00 PM
From: Peter Goss	Read Replies (1) \| Respond to of 132070

Some folks might think we're getting to the end of the line of buyers. Of course I'm judging a book by it's cover, the fellow could be an eccentric multi millionaire. <g> >>>> Barb - no it was that guy that owns his own island who runs a tow truck for amusement from those brokerage adds. <g> Peter

To: Mama Bear who wrote (57222)	4/24/1999 3:35:00 PM
From: Don Lloyd	Read Replies (2) \| Respond to of 132070

Barb - (Someone commented on the crowd at a Waterhouse office in a recent post. I was at my local branch earlier this week, and saw a fellow who looked like he'd stepped out of the 1960's depositing a check that I was sure was a credit card 'convenience' check. When he left he drove off in a beat up stake body pickup truck. Some folks might think we're getting to the end of the line of buyers. Of course I'm judging a book by it's cover, the fellow could be an eccentric multi millionaire. <g>) Maybe he really did step out of the 1960's. There must be an EMH study somewhere that says that the eccentric owners of time machines often achieve market-beating performance. -g- Regards, Don