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Pastimes : Ask Mohan about the Market

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To: MythMan who wrote (12802)1/8/1998 1:44:00 PM
From: Mike M2  Read Replies (1) of 18056
 
Pete, Fred Williams? "Is the smart money buying micron?" remeber him from Prodigy. Pete with Micron bad news is good news and good news is great news. Mu bulls don't care if Micron loses money as long as the stock stays up. Earnings are irrelevant if you are long term oriented. The CNBS mantra is think long term. James Grant says overvaluation never stops a bull mkt nor does undervaluation stop a bear mkt. Ain't that the truth. Pete see my posts yeterday? with bearish links for bearish people ho ho ho Mike
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