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


To: set who wrote (21960)7/20/1998 9:23:00 PM
From: HairBall  Read Replies (1) | Respond to of 94695
 
Shahar: <Something peculiar happened today which, while consistent with that trend, is also a separate event worthy of note.>

What is "it"?

<I think if you've got your eye on something and you're waiting
for a dip, don't wait. And if something dips, don't buy it. At least in small cap land.>

What do you mean by "don't wait"...buy now or don't bother?

Regards,
LG



To: set who wrote (21960)7/20/1998 9:29:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 94695
 
Shahar: take a look at the chart of SWINX- It seems this fund (at least now) consists of the 50 largest stocks in the world by market cap- a proxy for the increase in stock money supply. It looks like it's gone up 25% since the first of the year. It's pretty scary to think about the implications of this bubble. But to quote a stupid TV commercial..." WHO HAS THAT KIND OF POWER???"