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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: MythMan who wrote (31700)4/8/1999 6:27:00 PM
From: J. P.  Read Replies (3) of 86076
 
Capitulation at this point for me would be a purely intellectual excercise because my put portfolio is worthless.

I'm not buying or selling puts, calls, stocks or anything else until there is some kind of a resemblence of reality in this market.

Priceline.com worth more than Delta, AA, United? Give me a friggin break, is the public in some kind of a mass coma or something, it's an insult to our collective intelligence. Gillette comes in light, their selling hugely over their historic PE, and a DLJ analyst upgrades them the next day...HELLO!? Price target for Yahoo set by an analyst today for 300! -wtf-? And the general public has been trained like laboratory rats to believe this without questioning. I could go on and on...

Something is terribly wrong.

That being said, it looks to me like they're going to ramp this sucker even higher.
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