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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: The Perfect Hedge who wrote (21953)2/26/1999 10:46:00 AM
From: Lucretius  Read Replies (1) of 86076
 
beebs, things just don't look that bad. Tech seems to be doing pretty well, the S&P multiple is still under 50x and bond yields (while rising) appear to want to stay under 10% on the long bond so I think everything basically looks pretty bullish. The selling is a little overdone. I like all GDP sensitive businesses and technology. Gold is dead and always will be. I have been shorting silver futures too. I don't know what those clowns have been thinking. What is a slab of precious metal really worth anyway? You can't do anything w/ it other than wear it.
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