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

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To: RockyBalboa who wrote (3526)11/1/1998 11:06:00 PM
From: Bill Wexler  Read Replies (2) of 4634
 
Interesting you would say that, since I turned bullish in September and October - just when everyone assumed we were headed for zero. I continue to notice lots of talk of "bear market rallies" and gobs of pessimism. Fact is that a lot of people still think the market is overvalued and headed for very tough times. A lot of people still think the economy is going into the toilet.

They're wrong.

The market is going considerably higher. It would be a mistake to concentrate on shorting stocks at this point in time.
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