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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (41131)6/28/1999 9:16:00 PM
From: pater tenebrarum  Read Replies (1) of 94695
 
Bill, you are right that the specialists/members short positions are only good for a short term read. anyway, my post was only half serious. there are so many indications of complacency in this market that i think the bears will soon have their day in the sun. if people were worried about the overvaluation, i would come to a different conclusion. alas, they are not. see: Message 10307371
the usual caveats about the mania's staying power apply, of course...<g>

regards,

hb
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