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

To: Paul Senior who wrote (19157)	4/29/2004 11:32:09 PM
From: Steve168	Read Replies (2) \| Respond to of 78525

Don't you value guys see the market is significantly overvalued? It is probably a good idea to keep cash now, or even go short if you have the courage and experience. I am almost completely out of long positions, remember ALVR I mentioned so many times here, sold most of the position around 13-15 range last month. And shorted a few stocks too, RIMM, SOHU (yes, sold last SINA position around 40 and went short on sohu at 25, now 17), see my below post three weeks ago: Message 20020776 This is just the beginning of a big sell-off, the market could give up most of the gain in 2003. Don't catch the falling knife!!! Just my 2 cents.