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

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To: Bill Wexler who wrote (3255)10/1/1998 9:25:00 PM
From: Y2k_fan  Read Replies (2) of 4634
 
<< "...Now nobody wants to buy stock.'' >>

There are good reasons not to buy stocks.
Stocks are just papers. When people were fighting and holding for
papers, the price for the papers will appreciate. When nobody wants them, it will become worthless.

Why own stocks? Most high tech stocks do not have dividend & interests. People just trade them for greed. CSCO and many other high tech stocks
are indeed over-valued.

The market is in trouble. I think that you are making a costly mistake. I bet that you have never been to Asia before. Pay them a visit; you will understand that the world is in trouble. Probably not for years, but I am certain that it will not recover soon enough this year.
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