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Strategies & Market Trends : Waiting for the big Kahuna

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To: Lucretius who wrote (40571)6/11/1999 4:33:00 PM
From: Yogizuna  Read Replies (1) of 94695
 
Lucretius Taurus,
There is always a chance. Well, almost always! <g>
Too many folks in the market are still far too complacent, interest rates are rising, Y2K is a comin' down the road, people have already "mortgaged the house" and spent like crazy, including buying the internets way, way too high, we have stupidly bombed "Russia's people", bringing that old cold war feeling back, China is far from happy with us, dividend yields are still far too low (especially with rising interest rates), and last but not least, the Yogi Index has not skidded along the -5 level yet! I could go on and on, but the point is, there are PLENTY of reasons the BK could occur at anytime, especially when we realize that the total sum of negative factors is much greater than any individual part that could easily be destroyed in an argument. Yogi
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