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


To: Haim R. Branisteanu who wrote (18227)5/8/1998 6:03:00 PM
From: Greg Jung  Respond to of 94695
 
The bond market is weighing the valuations while stocks are operating on sentiment. Valuations went out the door long ago, how many times in the last week have you heard the advise, "Invest for the long haul" meaning buy it without regard for price, no premium is too high.

They called asnd for $55. If it doesn't reach that in two weeks the holders will be crying about it.
Rambus should be at $200, AMD at $70.
There's still room to go up.

Maybe the sentiment on this thread is a good indicator? The market
went to the sky when the doom and gloom was the rage, now we have bulls strutting through.

Greg