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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Kailash who wrote (17133)1/20/1999 12:54:00 PM
From: McNabb Brothers   of 18691
 
Kailash,

<This is pretty strong language, though not Greenspan's.>

It is, but remember the stock market usually predicts the future and what it is telling us is exactly what Paul Kasriel is saying about the economy,it is in very good shape. Besides the internet bubble I do not see a bigger bubble out there! I'm bearish the internets and I'm bullish on most all other stocks. I'm very impressed with how the general market has held up with stocks like AMZN and YHOO dropping as they have over the past week or so. Seems people are rotating their money into other sectors of the market in an orderly fashion. Another very very bullish sign. Look at all the companies reporting and how most all of them are beating the estimates. Bullish in my opinion!

Hank
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