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Non-Tech : Invest / LTD

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To: waverider who wrote (7323)2/11/1999 9:07:00 AM
From: Lucretius  Read Replies (2) of 14427
 
ho ho ho, the broader mkt topped in April.... of course if you were a soothsayer... you knew to buy the most overvalued (internet and tech) because they would soar. Unfortunately, if one could do that, this game would be fairly easy wouldn't it? The trick is to be right over the long haul. When the crash comes (and it will) 50 to 60% (or more) of the mkt cap of those high fliers will be wiped out in a matter of weeks. I you don't believe me, again... I suggest you buy calls.

I'm not here to convince you.

BTW- I pooted C at 150 (sold those long ago) :)
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