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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: valueminded who wrote (3046)9/25/1998 7:27:00 AM
From: Skeeter Bug  Read Replies (1) of 4634
 
chris, i agree. pessimism is monitored by watching the money. small caps and illiquid stocks are pessimistic. the bios are pessimistic. the big caps (dow) are so overoptimistic as to be funny.

slow to no growth. near record valuations. the inet stocks are in a speculative frenzy (pessimistic???).

i will say i'm long some smaller issues i think are undervalued. however, i don't see any value whatsoever in most technology stocks and the big caps.
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