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Re: otraque post# 119409

Saturday, 06/14/2003 2:55:37 PM

Saturday, June 14, 2003 2:55:37 PM

Post# of 704049
Playing the devil's advocate, the S&P 500 is no more overvalued than investment grade bonds now. So bulls can argue that the S&P 500 is really not that overvalued compared with the alternative.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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