MM:
I agree totally. As noted, last year, oops, I should have said 1997 (Robert, please note), was not fun. 1998 was more than acceptable, (and there were no longs). None of us can call the ultimate end of this Tsunami, but it is going to make '29 look like a Sunday afternoon picnic. Problem is, most bears will not be exposed, due to poverty , or shell-shock. I'll just take a few little profits here and there and maintain small exposures to my favourites (Dell for example,has been kind twice in the last 6 months now). I do think that even the brain-dead will have trouble ignoring Q1 results, but they have a propensity for doing just that, so I'll maintain patience.
best, Earlie |
