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To: bill meehan who wrote (48494)6/21/1999 6:16:00 PM
From: accountclosed  Read Replies (1) | Respond to of 86076
 
That combination of your sense of overvaluation with what the tea leaves appear to say were headed towards, makes for a pretty tricky presentation to make on the air or to clients in a daily market update. Along the lines of "Sanity says we should be heading lower from here, but it appears we are going to go more parabolic, at least initially".

I'm not saying it's wrong in any way. Just a tough presentation to make.