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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Cheeky Kid who wrote (19616)2/24/2000 11:27:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
I am still trying to get my arms around the interrelationships of commodities, equities and bonds, so I don't really know in what conditions oil prices would reflect the health of the market. I don't believe that we are in for a BK, but I do believe that the market is extended. I also believe that it can get much more extended. And actually, the "why" question is less important to me than the "what" question. Meaning that if there is more supply than demand, I am a bear and if there is more demand than supply, than I am a bull.

I do believe that the tech mania can extend for another 3-4 years. Of course there will be dips along the way, but I believe that they will be recoverable.