Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Scarecrow who wrote (7902)	10/27/1997 8:24:00 PM
From: Tommaso	Read Replies (1) of 94695

OK thanks. But I consider myself about 50% Prechter. Sometimes it's best NOT to be a contrarian. For example, it's best to put your garbage out the same way everyone else does and not invent fanciful ways of doing it. Also, in the last bull market it sure would have been best to run with the bulls from 1987 to early 1997, even though in my estimation the market got ahead of itself years ago. But in the past year the absurdity of valuations became insulting. To own stocks was like getting dragged into a rock concert or a Wagner opera. Apologies to opera fans but I go with Mark Twain on Wagner: "It was almost too much for the money... The last time I heard anything like that was when the orphanage burned down... It's not as bad as it sounds."

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