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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (34214)11/23/1998 7:28:00 PM
From: Hawkmoon  Read Replies (2) of 94695
 
we could yet rally another thousand points or more and blow through 10,000 before any pull back, within weeks

Ground Zero,

Unfortunately, you may just be correct. There is a ton of money out there and my bond positions in the 'ol IRA are losing value as suckers put it into the Index funds.

IMO, this is truly frightening.

Instead of an orderly reallocation of assets to less risky value-added assets, we now have mutual funds receiving fresh inflows which that MUST invest everyday.

It's almost as if the big boys know this is the last hurrah, so let's use the investor's money to pack ourselves the biggest bonus possible before the defecation hits the rotary oscillator in 1999.

When she falls, there will be only one place to go and that is T-bills and there won't be enough room for everyone.

Regards,

Ron
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