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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Q. who wrote (10345)	4/15/2000 12:29:00 AM
From: jeffbas	Read Replies (2) \| Respond to of 78516

Thanks for your input. This feels and looks like October 1998 to me, aside from the technical indicators. October 1998 started a new bull run of large proportions. I am much more skeptical this time. There are too many open questions: How much will this effect the economy? I would not want to be a seller of luxury housing at this time. Will Greenspan stop raising rates? He should. Does Greenspan care if Gore loses because of a crash? My hunch is that we are close to a countertrend move lasting more than a day or two, to work off the oversold condition, but that we will eventually make lower lows, unless most of the open questions like those above are resolved favorably. What do you think?