[PEN-L:11559] time to sell...

[James Devine <jdevine@xxxxxxxxxxxxxxx>]

when SLATE magazine's Michael Kinsley asks >>How can everybody be 40
percent richer when the economy's grown by only 4 percent? << in his
article "The Stock Market       Chicken-Counting Orgy," it's time to sell
the stock market short. Reality is beginning to sink in with the
punditocracy.

Check it out at: http://www.slate.com/HeyWait/97-07-18/HeyWait.asp

Of course, who has the money to afford selling short? Not I. (I'll have to
check out TIAA-CREF to see if there's an irresponsible speculation fund.)



in pen-l solidarity,

Jim Devine   jdevine@xxxxxxxxxxxxxxx
Econ. Dept., Loyola Marymount Univ.
7900 Loyola Blvd., Los Angeles, CA 90045-8410 USA
310/338-2948 (daytime, during workweek); FAX: 310/338-1950
"It takes a busload of faith to get by." -- Lou Reed.