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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (4826)	6/30/1999 2:57:00 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 12475

Yes, a lot of the overvaluation is because of too much money chasing too few stocks. I still maintain that. However, unlike you, I am not going to hazard what's going to happen next. Sure, I know that you are not selling your opinion to anyone. But, if one does have an opinion, one would surely be selling it to oneself? The reality is neither you nor I nor anybody else for that matter, knows what's gonna happen in the future! We could go sideways until earnings catch up with valuations, we could double and then plunge 40%, we could keep going up at anemic rates for a while... who knows?!