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Strategies & Market Trends : Good Investment Theses: VALUATIONS w/ FUNDAMENTAL ANALYSIS

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To: Dayuhan who wrote (22)2/16/1999 5:17:00 PM
From: hoyasaxa   of 160
 
Re: Daytrading.

Funny link, thanks. Great story in most recent Barrons on this subject comparing Buffett with the daytraders...daytraders in the form of today's mutual fund managers who buy "great companies" that consistently go up without regard to price. Momemtum rules. Great, unti, the greater fool theory finally plays its course. We shall see. Market activity of late may very well suggest we are coming close to that point. It shall be an interesting day tomorrow when Dell opens so sharply lower (currently 76 in the aftermarket).
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