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Re: Ace Hanlon post# 157913

Saturday, 10/04/2003 4:46:07 PM

Saturday, October 04, 2003 4:46:07 PM

Post# of 704041
Well, George, in 1991 or so one book, the "13 trillion dollar deficit" scared the hell out of all potential investor, and they finally to get on the bandwagon in 99/00 just to be bag holder. Without putting a time stamp on when these risks are likely to materialize, this is a lot of talk about risk. Sure these risks are there (I have been pointing to these risks for the last three years myself), but now that we know about these risks, we are not going to step aside and let another good bull move go by. When the market will give some signs that the euphoria is getting too rich, I am sure many here will simply step aside and let the decline pass by. I don't think that the risks pointed are "imminent" the next few month. Politicians are simply adept at pushing out the day of reckoning to a time that is best for their political survival (first year of a President's term is best...).

AZH

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