Doug Henwood wrote:
>
> PS: Just heard on CNBC that Abby Joseph Cohen, the superbullish Goldman
> Sachs guru, has reduced her recommended portfolio allocation from 72% in
> stocks to 70%. This is the first time she's reduced her allocation in the
> 1990s, though she's still on the high end of stock weighting on Wall
> Street. She's saying that while the market isn't overvalued, but valuations
> aren't as attractive as they were last fall. Gosh, next thing you know the
> Pope will be denying the Virgin Birth.
There is a straight faced sales pitch among houses of ill repute that their rosters are all near virgins who are only doing it the second time in the lives.
Henry