The Naked Truth - Big Kahuna a Myth Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Defrocked who wrote (52917)	7/23/1999 12:50:00 PM
From: pater tenebrarum	Read Replies (1) of 86076

another thing: not one of those super-bullish analysts has been forthcoming with a cogent explanation as to why we should not worry about the fact that the market is 45% or so overvalued according to the Fed's fair value model. is valuation really a concept that has to be abandoned in the new era? this steadfast belief that the market can only go higher with the NAZ p/e at 125 and interest rates on the rise is truly worrisome. bet you that not a one of the likes of Acampora, Battapaglia,Cohen, etc. is going to utter a word of caution before the next big downturn hits. since no bear market has occurred for 18 years it has become fashionable to assume no bear market will ever occur again. the above mentioned bunch will likely urge us to stay invested all the way down when the bear finally pays us a visit. hb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next