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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: jeffbas who wrote (4405)	7/11/1998 8:22:00 AM
From: Ron Bower	Read Replies (1) \| Respond to of 78751

jeffrey, Can we apply traditional investing to this market? I ask this because the IRA, Keogh, and other tax free investing into mutual funds and the current flow of money out of Asia has caused an artificial market. How can an analyst put out a 'buy' on Yahoo projecting $250.00? Is this investing or speculating (or gambling against the odds)? I've been trading short term on stocks I know. Any news, good or bad, related to the company or not, seems to cause big movement in prices on the small and mid caps. It's enabled me to lower my positions. FWIW, Ron