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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Night Trader who wrote (26489)3/8/1998 2:57:00 PM
From: Amir Shalit  Read Replies (1) | Respond to of 132070
 
Martin, we are all in the same camp. <g>

I still remember Nasdaq breaking the 1000
mark in 1995. Fundamentals were much stronger
back than and the techs were still very
overvalued.

I wonder if we are about to see 80% decline
in techs and 50% decline in the general
market any time soon.

Amir



To: Night Trader who wrote (26489)3/11/1998 12:00:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Martin, Thanks for the URL. I am negative on the bloated stock market, in general, and overpriced tech stocks, in particular, as Fleckenstein, though I have a lot more longs than I believe he does. I think there are always buys, but, right now, there are many more put opportunities. I don't consider it doom and gloom as I consider rapid asset inflation a dangerous factor for our fragile economy and a wake-up call would do miracles, longer term. MB