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

To: bobby beara who wrote (1559)	9/3/1998 7:06:00 PM
From: Tommaso	Respond to of 3339

I guess I am still working more on contrarian gut reactions than anything else, though the P/Es and the dividend yields on stocks went absurd long ago. Burton Malkiel pegged dividend yield as nearly infallible, which it may turn out to be; it's just that for about two years the market continued on past any reasonable overvalued level. So I have been feeling like someone who made the right guess in 1927 instead of 1929. Of course, such a guess would have worked out extremely well by 1932, with much discomfort until some time in 1930. So...che sera sera etc. P.S. I notice the SI spellchecker calls "dipster" a misspelling. Wonder what the correct spelling might be. Hmmmm--it didn't question dipster in quotation marks but did question "spellchecker".