Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (28350)	9/19/1998 12:06:00 PM
From: BubbaFred	Read Replies (1) of 94695

More thoughts of what's to come. Message 5789387 csis.org Looks like a no win situation, if one believes the market force in the last decade was based on global prosperity and economic growth. Without it, the market can no longer look ahead 10 - 20 years. All expectations and projections have to be curbed and made rational. That may bring reasonable valuations of P/E's to the 5 to 10 range, rather than the 20 to 1,000 range. I still find too much optimism among the young punks, inexperienced brokers and investment advisors. Too many of them just lack knowledge and perception of the international events that had influenced the market and which will continue to influence the future direction.

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