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Strategies & Market Trends : Pancho Villa's Short Analysis File

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To: RockyBalboa who wrote (73)10/22/1998 9:21:00 PM
From: xcr600  Read Replies (2) of 287
 
Any thoughts on why the crud is up? My thinking is that investors are looking to buy, and the big caps are still way over valued relative to the small caps. I'm speculating that investors are just buying crap which is cheap without looking at the fundamentals underlying a particular stock, such as BTIM or ENML. I'm guessing that these should be good shorts again the next Q when investors will finally see the terrible numbers (Ex: ENML,TAVA, etc..) Heck even ZITL has shown a little life, but I doubt anything that will ever push it over 5 again. But things have been crazy lately, so who knows??
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