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


To: Bull RidaH who wrote (15638)4/6/1998 10:46:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
David, thanks for the response, I may be wrong but by following the market and many individual stocks, I think that some internet stocks are out of their way, but I was thinking the same about YHOO at 60 and at 80 !! Same with DELL CSCO and ohters. So so far for overvalue.

As to the market as a whole, as long as there is full employment, low inflation a flaten yield curve, low oil prices and lack of real money demand, I do not forsee a BK even that valuation justify it.

Between the two - overvaluation and the market mania it put me in a bind as I am not so smart to know it all and take a decisive position.

From my experience in trading wen not sure do not do it!! it is your hard earned money!!

All this is speculation that's why I am in cash, to date I can not complain, as I have a nice return for the year.

You also must know wen to leave the table and not be trown out of the casino <ggg>

BWDIK

Haim