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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (2660)	2/10/1998 5:04:00 PM
From: Don Westermeyer	Read Replies (1) \| Respond to of 18691

Bob, I just wonder how all this 'exuberance' will end. As you know AMZN took off today and Briefing practically called it a 'value play' (compared with CDNW and NTKI). I'll still stick to the believe some the market will correct substantially later this year as growth continues to slow. OTOH maybe only rising interest rates can kill the bull. Need to hang in until Q2 earnings warnings start to get at least some relief! FWIW - Money magazine predicts the Dow will flop between 7000 and 8500 this year. It seems to me we are a lot closer to a high than a low!