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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (41372)7/5/1999 10:43:00 AM
From: Haim R. Branisteanu  Read Replies (2) of 94695
 
GZ, modesty is a virtue. I do not agree with Prechter but he was closely followed from 1985 to 1987/88 (I think). Keep in mind that WS is a sentiment and fashion business.

For example Internet & Telecom is in fashion now and Biotech stocks are not. Several years back it was different. Same can be said about energy stocks, media etc.

Did the world run out of oil recently - NO - than why was oil so expensive several years back?? - Fashion and perception.

BWDIK
Haim
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