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Strategies & Market Trends : Bear!
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To: Lucretius who wrote (50)5/4/1998 11:31:00 AM
From: Worswick   of 271
 
Dear Lucretius Taurus:

Don't you think that using the foreign cash inflows and the mutual fund inflows into this market that we will be going to a more toppy makret, with larger "breaks" followed.... by higher highs with people rushing into fewer and fewer stocks?

Then?

....when the market finally runs out of liquidity...that is when the tired old horse lies down for a rest.

The trouble is it might not just be a rest.

I just don't see a stroke or a heart attack like most people do. Bascially, what is happening in Asia is analogus to what is happening here. We are having a credit implosion that parallels a stock market explosion. Eventually, they will come together.

Hey, ENMD was up over 400% today. Put that down in the excess column.

My best to you,

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