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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Pancho Villa who wrote (5919)4/2/1998 10:26:00 AM
From: vegetarian  Read Replies (1) of 18691
 
Every f*&^ing thing is interpreted bullish now; the market is going into a frenzy. Looks like there are no lessons learned from the past.
Doesn't it look like a good idea to re-read Ben Graham's Security analysis? based on my understanding of his book his advice today would be to stay out of the market; neither long nor short! I suppose he never explicitly recommended shorting stocks; possibly for this reason of speculative manias that occur in the market.
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