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

To: Bald Man from Mars who wrote (7357)4/19/1998 8:29:00 PM
From: hal jordan  Read Replies (1) | Respond to of 18691
 
>But individual sectors can crash any time, and the internet dudes will come very soon ...<

Now that would be a beautiful thing! Oh,puhleeeeze! before May puts expire...



To: Bald Man from Mars who wrote (7357)4/19/1998 9:00:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
Bald Man, point well taken. I will restate to say that: "full market crashes (not sector crashes) are always preceded by rising interest rates." The reason is that the final feeding frenzy is fed by borrowed funds and the crash comes when borrowings are depleted.


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