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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: Michael Collings who wrote (1402)8/30/1998 10:45:00 AM
From: Tommaso  Respond to of 3339
 
I don't consider myself a technician; all I am sure of is that the great majority of stocks have been and still are overvalued, some of them terrifically overvalued. I do not know how long it will take for enough people to realize this so that they start selling; it may already be happening, but there have been too many crazy reversals upward over the past two years for me to feel any confidence about timing. My approach is to be positioned on the short side of the market in such a way that I can hold that position indefinitely.

I guess my approach is to try to stay healthy so that the market and my market-supporting frog croak before I do.