1/22/99 was a good show, as usual for Bob B. Learned about dental
insurance too. About the market, I'm lit bit confused.
Bob says, MSFT, DELL, CSCO, etc. overvalued and recommends hold.
At the same time he says, market is going new high this year. What's
the logic here? If one follows his advice, won't buy MSFT, etc.
So, is he hoping that money managers and individuals will continue to ignore his advice and buy the usual biggies MSFT, DELL, CSCO, etc. so that the market goes to new high? Or this time, mid-cap and small-cap stocks will take NASDAQ higher and not MSFT, etc.?
History says, if NASDAQ going to new high, then it should be MSFT, CSCO, etc. So, what's Bob's message? People who don't listen to his advice are the one taking this market higher?
Please help me.
P.S. I tried to call in the show. As usual, you can't get through. I wish Bob has e-mail service and answer select e-mail questions on the air during his weekend radio show. |
