Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (5427)	6/28/2001 12:28:31 PM
From: Hawkmoon	Read Replies (1) of 74559

I agree, but go one step further, and that is, in fact, there is no compelling value anywhere (including the US) Yeah, it is tough to find... Even if you find a compelling value, there has to be enough liquidity that others perceive it as a compelling value as well, thus following in behind your positioning, in hopes of turning it into a LESS compelling value (with consequent profit to you for being so savvy... :0) That's why I believe this is a trader's market for the next 6-12 months or so. Playing the Nasdaq up to 2,300, and then going short the QQQ or something might be the smart play for now. We're into the summer rally mode and that pension money is coming to market now and in early July. Hawk

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