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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (15415)12/6/2001 9:47:21 AM
From: Kirk ©  Read Replies (1) | Respond to of 42834
 
To be honest, I have a hard time finding fault in your statement.

The funny thing is I remember people saying that about Bay Area real estate prices back in 1984 when I bought my first home. They couldn't go any higher... nobody can afford to buy a home....

Perhaps it is one of "alternatives"?

Where else would anyone want to live that likes being around very intelligent people starting new companies and industries, solving genetic questions to unravel the genetic code and cure disease, is less than an hour from the beach and is 4 hours to resort skiing at Lake Tahoe, an hour from golf in Monterey, 20 minutes from world class windsurfing, 3.5 hrs from Yosemite Valley one of the most beautiful spots on the planet?

Perhaps the US stock market is in a similar situation?



To: Skeeter Bug who wrote (15415)12/6/2001 1:33:23 PM
From: Cautious_Optimist  Respond to of 42834
 
>>i don't see stocks staying strong in such a long term negative environment. <<

Only on the nightly news roundup does "da market" correlate neatly to the obvious. The secret juju behind this negative stock market are starving angry foxe$ trying rounding up the hens into such fears, then they BUY and feast as chicken little starts crowing.

So while the chicken in me says there is much uncertainty for 2002, my bias is to find undervalued oversold situations to stay somewhat contrary to the other birds.

The predator in me is always on the hunt for good shorts as hedges, in any market.