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

To: Terry Whitman who wrote (1422)	8/31/1998 3:29:00 PM
From: Paul Shread	Respond to of 3339

Nope, I haven't been buying the dips. I have that fear of catching a falling knife. Besides, in all honesty, the stocks I like the best that I don't own are still overvalued, the KOs and the like. If we hit a real bear market (-30%), I will be buying those stocks. Until then, I'll sit and watch, like a bullish Ahab lashed to a bearish Moby Dick. Frankly, there's never a bad time to bait bears (how do you like that alliteration?); the market goes up more often than it does down, and you guys can't earn money short forever (although I wish I had joined you for this ride).