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Strategies & Market Trends : Tech Stock Options
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To: Trey McAtee who wrote (57316)11/12/1998 7:05:00 AM
From: Gersh Avery  Read Replies (1) of 58727
 
Morning Trey Re liquidity mantra

I very clearly understand that liquidity is not a good reason for the market to go up.

However, I've tried to educate the market before .. it hurts the pocket.

With your logic it would make sense to be 100% cash (or gold coins).

Yes .. it shouldn't be moving up so hard .. but it does .. now what?

Some day it'll fall .. OK, what about between now and then?

Gersh (75% cash until after the FOMC at least)
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