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


To: Tommaso who wrote (15533)4/5/1998 5:28:00 PM
From: Bonnie Bear  Read Replies (2) | Respond to of 94695
 
Too much money chasing too few stocks.
I can still find sectors and stocks that are great value. I'm filling up the helium balloons on the lawn chair, Tommaso, I'm going nuts...
Thank goodness for my house as a hedge against inflation, its resale price is going up 5% a month with the stock market. This just feels too much like the 80s, the damage in purchasing power to anyone in cash is irreversible.
If california leads the nation, then everybody else better brace for a serious bout with inflation in the not-too-distant future.