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Pastimes : James Cramer Skeptic Thread -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (44)5/30/1998 3:00:00 PM
From: taxikid  Respond to of 1254
 
you want a prediction for the market?
ask your friends if they are still buying into funds..
since they are regardless of asia, the market will allow the program trades to keep us from falling hard.
yes we will see corrections, but there seems to be enough cash sitting idle to buy the dips, that the dips are just on slow trade days.
the market is overvalued and will continue to be overvalued until such time as there is a better medium to invest in.
taxi