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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Market Tracker who wrote (18060)4/13/1999 9:54:00 PM
From: Druss  Read Replies (1) of 18691
 
Gary--I have been reading posts about blowoff tops for nearly three years now.
And here we are, the top is ever higher. I am not saying you are wrong I am saying that you surely could be. This market is leaving a lot of rational investment behind. These internets have been cooking for nearly two years and higher they go. The price of tulips was bid up to a point where bulbs were sold for their weight in gold. The Mississippi bubble (my favorite) had the land comprising the Louisiana purchase bid up to 73 times that of the GNP of France at that time. Bubbles do pop but they are dangerous shorts.
All the Best
Druss
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