Pancho, as our blood runs out into the street, perhaps we can find solace in the stars. We've got to take it where we can find it. Kip
From Henry Weingarten's page:
Our best guess for a 1000 point drop week if in 1998, has been the
second week of March, the best day March 12/13, the precessed anniversary date of last year's March 11 high. Until then, we continue to warn: "Beware of the Mad Bull Disease."
Own ANY of the 6 stocks we are shorting in the AFUND MAD BULL TECH FUND? Here are some reasons to worry:
AMZN : Amazon will NOT win the war against the 3B Bookselling GIANTS: Barnes and Noble, Bertelsmann and Borders.
AOL: America OnLine - Where's the Beef?
HWP: Hewlett Packard - Super strong 1998/9 competitors: Xerox , Compaq + soon to be reinvigorated Japanese (Hitachi, Sony et al.)
INTC: Intel - IBM/AMD and if Compaq markets 500/600MH Alpha properly, a REAL loss of market share.
MSFT: Microsoft - The Old IBM disease in full bloom and hasn't done anything new AND successful for sometime. Eventually someone besides me is bound to notice. After all, you can fool some of the people all of the time and all of the people some of the time....
YHOO: Yahoo - 1000X earnings? 10,000X earnings? Sure thing!
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