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Non-Tech : Raptor's Den

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To: 1podstock who wrote (8570)3/7/2003 1:55:33 PM
From: lifeisgood  Read Replies (1) of 10157
 
I am talking INVESTMENT point of view, NOT quickie daytrade or swingtrade shorts.

Then please tell me the merit of going long at this time. And please don't regurgitate the CNBC commentator stuff that is total BS designed to part fools from their money.

e.g.,
1)the prices have come down XXX percent and are therfore a bargain

2)the market can't go down 4 years in a row

3)it's only IRAQ that's holding up the next bull market

etc.

The truth IMO is that we are nearer record highs than record lows with regard to Price:Book, Price:Cash Flow, Price:Dividend Yield, you name it.

So please make me your fundamental case for going long.

best...

LIG
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