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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (1239)	3/10/1998 6:03:00 PM
From: Defrocked	Respond to of 86076

Love the headline from your link... Bulls refuse to be corralled "Dow and S&P 500 rise to new records as optimism rules on Wall St." When optimism rules and everybody is in stocks I gotta fade it. Hope it doesn't get too expensive for me.<g> Actually the headline greatly reminds me of pre-1929 newspaper banners, not that I'm that bearish. Seems new-era investors take 30% returns for granted now even in the face of "no growth, no profit" warnings by company management. Indiscriminate buying of stocks is apparently driving this market higher again. While they're at it they should buy some Florida swampland to diversify their portfolios.