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To: BGR who wrote (42444)5/24/1999 1:05:00 PM
From: Cynic 2005  Read Replies (1) | Respond to of 86076
 
BGR, do you belive in anything that doesn't exist in the text books?



To: BGR who wrote (42444)5/24/1999 1:12:00 PM
From: IceShark  Read Replies (1) | Respond to of 86076
 
I disagree with you. The major negatives are that all risk return demands have been removed from the equity market, people are now willing to pay up 100%, or more, now for pipe dreams/expectations which are years out, and the casino ponzi mentality. The liquidity issue and resulting paper asset inflation is pasted into this of course, but I'm not smart enough to figure out which is the chicken and which is the egg. It kinda came together and all I can see is the chickens and the eggs they lay. -g-