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To: QwikSand who wrote (25739)1/5/2000 12:23:00 AM
From: fuzzymath  Read Replies (1) | Respond to of 64865
 
Asia's just copying the US, surely. I expect a bad day tomorrow simply because bad days often follow bad days. Then the bad days stop. That's what I'm waiting for. That's why I went to cash today. It cost me 0.75% to do that (exiting FDEGX), but I think there's a good chance I'll be able to buy back in more than 0.75% lower than we are now.

The bond will continue to fall, I think. It has to if profits continue to rise, which they should with all the post-Y2K-fear spending that's on the way.

What's "fair value" for stocks? Now there you've hit on a very tough question. I've found some interesting answers to this question, however, on the SI AIM forum.

Kevin