Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Cynic 2005 who wrote (7158)	11/18/1997 6:58:00 PM
From: ItsAllCyclical	Read Replies (1) of 9285

Mohan, Thanks for the link. It certainly was interesting reading and provided much research. However, I think many of the comparisons to 1929 were overly dramatic. One thing that remains constant is the corrections are never the same. When it happens I think it'll take many by surprise. Right now I'm quite happy to see so many bears. Many stocks are extremely overvalued, but considering the expanding world economy (china coming on-line), baby boomers saving, the internet, better fiscal policy we're nowhere close to 1929. We may be close to 87 with a quick sell off and an equally quick rebound. Take my overly simplistic analysis in stride... after all it was free. Jim

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