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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (50157)2/13/2001 2:36:19 PM
From: Mark Adams  Read Replies (1) of 94695
 
Your caution in light of the current situation makes sense to me.

The distortion of valuation created by massive indexing has yet to be widely recognized and unwound, IMO. I don't see broad index plays as a viable long term strategy at the moment. So unless a person is prepared to actively trade the indexes, or stray off the beaten path, the sidelines might be the best place to be. BWDIK?
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