Thinking of Buying . . . Just Thinking!

When we wrote “Bubbles, Roses and Ducks” back in January of this year, NASDAQ was making its run to 5,200.  Today, much chastened, the popular index lies quivering at half that level.  One of my investment heroes, Sir John Templeton, has long maintained that a true investor delights in falling securities prices because he or she is a buyer; everyone likes to buy when things are on sale.  It seems appropriate to write our concluding issue of the year 2000 by addressing the question, “Are stocks on sale? Is it time to buy?”

Please click the link below to read the full issue of The Blue Sheets.