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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (23055)8/6/2001 10:25:46 AM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
George and Jay, liquidity is just as important t pricing as valuation, these two are at opposing sides of the pendulum right now, with excess liquidity in the market, these funds, eventually will find their way into th safest road to money heaven, and valuations, for a time, will be discounted. This is one reason that my model still has an irrational exuberance period starting later this year and going well into next year.

Zeev



To: orkrious who wrote (23055)8/6/2001 1:16:10 PM
From: Crimson Ghost  Respond to of 30051
 
Jay:

You and I may be the only ones here to place primary emphasis on valuation, but we are in good company. Namely Warren Buffet. The sage of Omaha was quoted not too long ago as saying there still are not many good values in the US stock market.