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Pastimes : Home on the range where the buffalo roam

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To: mishedlo who wrote (6914)	11/21/2000 5:34:40 PM
From: freeus	Read Replies (1) of 13572

Thank you so much. I don't know if the market is overvalued. But I looked down the list of NYSE stocks yesterday in IBD looking for "Old Kent financial" (I didn't know the name of the company, only the symbol). I thought I was looked at the list of small company stocks, the prices on so many issues have gotten so small! But it isn't value or lack of it now: it's investor psychology and I think we are in a very dangerous market, where everyone is too frightened to hold and sells at every rally. I'm not even sure I think there will be another bull market as early as next spring: it may not be until next November. We may have a lot of opportunity for puts and lower priced buys. Freeus BWDIK?

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