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Strategies & Market Trends : Value Investing
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To: Michael Burry who wrote (5238)11/6/1998 9:13:00 PM
From: Wallace Rivers  Read Replies (2) of 78863
 
Mike:
I agree with you in the sense that we're not far from the market levels we were at before "the event". However, a lot of tax loss selling has been washed, the conditions overseas have improved somewhat, and, most importantly, Mr. G has brought on a much more accomodative monetary policy.
Oh, I forgot to mention that Ralph Acampora has turned bullish again (after urging caution near the bottom)<vbg>.
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