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Strategies & Market Trends : Waiting for the big Kahuna
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To: Real Man who wrote (7800)10/27/1997 4:04:00 PM
From: Tommaso  Read Replies (2) of 94695
 
Sounds reasonable (4000 Dow fair value and 8000 in 2007).

But as you said (I think) we can now overshoot on the negative, maybe taking 3-5 years with various false rallies and minicrashes.

Glad I put half my wife's IRA in the treasury strips two months ago. Rest in BEARX, --and not so happily, 10% positions in oil and in gold.
But she's hedged.

As I remember you were looking at Japan. Templeton isn't right on everything but he thinks it's STILL much overvalued.
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