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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: ted birnbaum who wrote (3153)	5/9/2000 8:52:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 3339

Just two points - I don't do bubblevision; I am looking for insight into a market situation that no one seems to have a satisfactory explanation for yet. And I don't find a 3-day timeframe tells me much about any security or index. I have run charts of BEARX over the past year or two and don't find it very useful at all compared to other ways to short or to hedge a long portfolio. Speaking of fundamentals - average corporate profits up 26% over last year don't sound bad to me. Valuations may still wander around for weeks or months. But I won't fully "buy" the bear argument until I see the economy sink below a soft landing scenario. To each their own. Good luck.