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Strategies & Market Trends : The Stock Market Bubble

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To: Shoe who wrote (3)4/20/1998 5:37:00 PM
From: cody andre  Read Replies (2) of 3339
 
Insiders' signals:

1.- Goldman Sachs will consider an IPO in mid-June ($20 billion or
so valuation), Gabelli, Zweig and Frank Russell are considering IPOs.
2.- All banks are buying investment managers left and right and, all are into selling mutual funds, variable annuities, etc.
3.- The public thinks that it is a God-given right for the market to increase at 30+ percent per year.
4.- The US Congress wants to "save" the Social Security system by investing in the equity markets.
5.- Some public schools are "teaching" stock market investing. Considering that some teachers cannot spell or are afraid of PCs, it makes one wonder ...

Nevertheless, both the bubble and the hot air inside can grow hotter: impossible to quantify the "crowds". // CA
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