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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (7694)	10/27/1997 1:34:00 PM
From: Cynic 2005	Respond to of 94695

Ike, <<The basic theory of BK thread flight to quality is in serious trouble- bonds selling off->> I didn't know that this was the basic theory of the BK thread. As far as I am concerned, my points very simple: 1) over-valuation, 2) unrealitic expectations, 3) public's obsession with stocks, 4) "nothing could go wrong" sort of mind set, 5) buy the dips without regard to fundamentals and 6) momentum investing ran amuck! I will get back to you with my thoughts on bonds-stocks later. But, here is something I posted on the Idea thread about 10 days ago. It is still valid. techstocks.com To me it llos like the short-seller is the only hope left for the market. value investors have fled the market some time ago and they won't come to buy insignificant dips. -Mohan