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Pastimes : Ask Mohan about the Market
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To: Bonnie Bear who wrote (14233)2/17/1998 7:40:00 PM
From: Mike M2  Read Replies (2) of 18056
 
Bonnie, those arguments may sound convincing based upon recent market behavior but i see them as "new era" rationalizations for the most overvalued mkt in U.S. history. The man in the street should go public if he can because "even a turkey can fly in this windstorm" or stay in cash and consider Rydex Ursa or Bearx in the near future. I am not saying the dow cannot hit 9000 in a month it is the inevitable decline that concerns me. I also agree with Jack's comments. Mike
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