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Strategies & Market Trends : Bear!
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To: MikeM54321 who wrote (110)5/29/1998 9:17:00 AM
From: Lucretius   of 271
 
turned bearish a couple months ago, although I've been cautious for longer than that. Up till then I was probably the biggest bull around.

My reasons are many, but yes asia and the collapse of other emerging mkts has alot to do w/ it. Valuations are sky high, and the public is playing the mkt like it is some kind of money machine that only spits out more as long as you keep throwing more money at it. This is all going to end very badly. I don't want to be long anything when it does.

-Lucretius
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