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Non-Tech : Moguls Mantra to the Markets

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To: $Mogul who wrote (171)10/17/2001 5:25:22 PM
From: $Mogul  Read Replies (2) of 220
 
Mkt thoughts- Mkt did exactly what I called for

Message 16376382

Look for a reversal in the upcoming weeks. Mkt is way overbought ..another bear market rally occured as called. The chances that a new bull market is born here is 20% out of 1005 in my opinion.

Many indexes are at or near their highest level of valuation in history.

Alos, Pro Forma earnings which are very mis-leading and will eventually be found as teh fleecing of investors is nothing but a cover up for the real earnings that are so negative that it is embarrising that these companies are even public..

Take caution and preserve capital ..CASH is KING.

Bear market is not over.

ALl the best,

-Mogul
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