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Strategies & Market Trends : Bill Fleckenstein, the BEAR! Is he finally right? -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (69)9/3/1998 8:40:00 PM
From: The Ox  Respond to of 259
 
Thanks, I didn't see that % and I didn't realize it was that ridiculously low. I agree that the obscene overvaluations like we observe in the DOW these days won't last. I don't think that the entire market is overvalued. Most of the Mid- to Small-caps have been reduced to reasonable/exceptional valuations and I believe that's where the money will start to flow.