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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: stock bull who wrote (7285)8/29/1998 7:46:00 AM
From: DD™  Read Replies (2) of 42834
 
Coincidentally, from today's Barrons

InvesTech Market Analyst
2472 Birch Glen, Whitefish, Mont. 59937
AUGUST 21 ~

"When you have Buffett, Soros and Alan Greenspan tending to avoid the stock market, one might take such news as a clue to the current overvaluation risk. From a technical standpoint, we have full confirmation of a bear market in both breadth and leadership. From a monetary standpoint, we have one of the most peculiar developments in history. Perhaps the only variable keeping the Asian Contagion from overrunning G-7 countries is the robust U.S. economy. Perhaps the only variable keeping inflation at bay in the robust U.S. economy is the Asian Contagion. It's certainly not a ''Goldilocks'' economy, but an extreme imbalance . . . with a wolf at each door."

-JAMES B. STACK

interactive.wsj.com

DD
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