LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (8721)	2/17/1999 6:40:00 PM
From: AlienTech	Read Replies (2) of 43080

You can not compare october correction with things now, In OCT we had arbitrage based trading causing liquidity problems world wide. If you bought then it was the buying chance of a life time. But I am looking at valuations of mid cap and small cap companies here and they are all showin gvery good valuations. Get rid of the internet crap from those 200 watch lists and you will find that most solid american companies making a product is pretty fairely valued at the low end. Ofcousr the large caps still have a lot to come down from. There is a pretty healthy shakeout going on, and I think the fundies will be left holding the bag on the side lines just like oct.

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