He was one of those deep ones who know about stocks and shares.

Full information about stocks and mutual funds is online at www.nytimes.com/business.

And many of them have been wrong about stocks for nearly a decade.

And almost no one is talking about stocks at this summer's parties, as they were two years ago.

And if they come in we don't talk about stocks.

Q. What would you need to see to become even more cautious about stocks?

You want to know something about stocks in the middle of the night?

"During the bubble years of the early 1990's he was talking about stocks."

Last week, he took some time to talk about stocks in the Year 2000.

Still, he has no such reservations about holding stocks for the longer term, given present economic conditions.