CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS Message Board

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Strategies & Market Trends : CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS

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To: EL KABONG!!! who wrote (1512)	11/29/1998 7:09:00 PM
From: Spider Valdez	Read Replies (1) of 1637

i tell you i do not find this to be true. there are always overvalued stocks. let us look @ coca-cola for example. how long has this stock been overvalued? i tell you also money coming into market from mutual funds via 401k's is not going anywhere for long time imo. baby boomers prepare for retirement with tax defered plans. this money will stay in market for several years. these investors are guided to be in total market with tax deffered pay roll deductions. these same investors prepare for college of there children with funds in market. i see no bearish indicators. imo there are always overvalued stocks. look at 'box' makers opposed to intel. compaq , etc. all overvalued. imo we will see steady climb to dow 10,000. spider

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