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Re: punkle post# 106747

Monday, 05/12/2003 12:56:10 PM

Monday, May 12, 2003 12:56:10 PM

Post# of 704019
<1) Current P/Es - whether it's GAAP, Proforma, or Core. Have we ever had a new bull (cyclical or not) start from these valuations? > a very emphatic NEVER.
Why is this happening? Alan Greenspan , in my vigorously negative view of his procedures, doesn't give a damn about the average investor and forces them into the market by making it impossible for these many millions that can't get enough yearly yield to have a chance to have a retirement nest egg so they are being (by Greenspan) forced to get back in the market WAY to soon.
Zeev i accept fully that rejects my view, but that is my view; that Greenspan is going to destroy the average investor. gd.
p.s.also the Fed Model that AJC lives by is one of greatest shams in history.




He played his video game night and day.
The MAZE of Death.
But that is the game we all are in, the trick, don't believe it.Get above it all and imagine nothing is what it seems.Kill the machine.otraque

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