buy signal?

Michael Pollak mpollak at panix.com
Fri Apr 14 17:53:20 PDT 2000


On Fri, 14 Apr 2000, Doug Henwood wrote:


> Just got a call from CBC radio about the stock market. This is not a
> full buy signal - the Canadians are always early - but by my "When I
> start getting calls from the big media it's time to buy" indicator,
> the worst may be over.

Yeah, but you gave us this signal two weeks ago, no? I think this one more indicator that's gone by the boards in the new economy, like P/E's. In a normal economy, the crash always comes as surprise to most mainstream reporters, and by the time they figure out it isn't just a blip, it's over, and they call you. But it's been so overdue for so long that now bunches of them are just waiting for something like this to happen to launch their mapped out story. So they call you at the first drop -- just like they did two weeks ago.

Either that or you're moving up in the rolodex rankings.

Michael

__________________________________________________________________________ Michael Pollak................New York City..............mpollak at panix.com



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