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Strategies & Market Trends : Roger's 1998 Short Picks
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To: HiSpeed who wrote (15955)12/4/1998 8:53:00 PM
From: Roger A. Babb  Read Replies (2) of 18691
 
Hispeed, if the impeachment stuff continues to move toward a conclusion with no new surprises, I think that the up move continues with a big spike up at closure. Then I think we continue up until after January 1st, this close to the end of the year no one wants to take profits. Where we go after January, I don't know. The market will be (already is) very over valued and there is little chance that earnings will rise to justify the valuations, thus a correction, maybe combined with a y2k panic, sometime in 1999.
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