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Strategies & Market Trends : Bill Fleckenstein, the BEAR! Is he finally right?
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To: Bucky Katt who wrote (160)9/30/1998 9:27:00 PM
From: edward miller  Read Replies (1) of 259
 
I agree this bull run is over, but I must take some issue with
your contention that yuppies will sell heavily based on their
401(k) statements.

You must remember that everyone is adding funds with each paycheck,
and that the first half of July was up and so was September - OK
not my much. When people look at this Qs statement I suspect they
will think "Oh, the total is down a little, but it will come back".

These same people will freak out in January.

Overall I agree the party is over for a while.
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