Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (20044)	6/10/1998 12:51:00 PM
From: Tom M	Read Replies (3) of 94695

Bill/all, pretty quiet after AG spoke. Didn't exactly look like a surge of buying "on the best economy in 50 years". I can't believe the Fed chairman's supporting these valuations. He says it's overvalued at 7000, but doesn't want to be the party pop-er now ;-) I just can't get myself to buy these bloated book values with declining or negative earnings - argh! This really blows when our government says value doesn't matter. Buy anytime - it only goes up! Comments out there? Does AG spur us to 10,000? Tom

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