Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject	12/14/2001 7:11:06 PM
From: Crimson Ghost	Read Replies (4) of 99280

Another HORRENDOUS DAY for bonds with 10-year Treasuries now near 5.2%. This means stocks remain greatly overvalued despite the modest drop we have seen recently. After the 1987 and 1990-91 bear markets, stocks remained in undervalued territory for quite some time after the bottoms were reached. So far in this bear equities have been undervalued for only a few weeks. Something to think about -- long and hard.

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