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[RT] Commodities



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Norman has a great camp...and hit the ball a mile with his sugar, 
coffee and other picks. I just get concerned when the major rags 
start to see that light...contrarian that I can be.

At the same time there are data that indicate the average market rise 
of the third term of a Presidency is around + 20%...and the PE of the 
S&P 500 is not super low, but it is nowhere near its peak.

John



------------------ Reply Separator --------------------
Originally From: "Steve Walker" <steve@xxxxxxxxxxxxxxx>
Subject: [RT] Commodities
Date: 01/12/2003 01:51pm


More are joining Norman's camp.  In this week's Barron's, Marc Faber 
and
Art Samberg say the new leadership is commodities and hard assets.  I
heard it first from Norman over a year ago.

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