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


To: William H Huebl who wrote (29284)9/28/1998 8:33:00 PM
From: HairBall  Read Replies (1) | Respond to of 94695
 
Bill: Most folks are bullish! Just not the savvy SI BK Threaders! <g>

You may have started this thread, but the baby has grown up and NOW has a mind of its own! <g>

Most recognize this as the bear rally it most likely is...come on DAD!

What's the market going to do...start another bull run and begin a new era "new era" with P/E valuations into the triple digits?

BWDIK
Regards,
LG



To: William H Huebl who wrote (29284)9/28/1998 8:33:00 PM
From: GROUND ZERO™  Read Replies (3) | Respond to of 94695
 
Bill,

I'm probably gonna catch hell for this comment, but it won't be the first time. I think it's in vogue to be bearish on the market right now. Agreed that the world is in a mess, but it's always been in some kind of mess. I suspect that if the global economy were not so weak right now, the U.S. economy might actually see incipient signs of inflation, that's right, inflation. Has anyone taken a good look at M3 recently? It's been growing at near breakneck speed. I think the global weakness will allow the U.S. to continue on a steady pace without AG's great fear of inflation or any severe recession as many traders and investors fear right now. There are slowed earnings, but looking beyond this next quarter doesn't seem so catastrophic.

I don't think I really answered your question. I don't know. How's that?

GZ