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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Fortinwit who wrote (26542)11/19/1998 3:30:00 PM
From: Ramsey Su  Respond to of 70976
 
F.

This irrational exuberance is turning into outright frightening exuberance. CNBC reported this morning that AOL is now about 3/4 of GM. Reading throught these SI threads, there is hardly a trace of bearishness. Liquidity continues to drive the herd, whether the destination is greener psatures or the slaughter house remains to be seen.

This bubble economy and stock market ignore the pitfalls, some more obvious than others. Just using Japan as an example, read the Moody's downgrade here and think about the remifications.

Message 6476175

I wish I can share the optimism of others here.

Ramsey



To: Fortinwit who wrote (26542)11/19/1998 3:33:00 PM
From: Gottfried  Respond to of 70976
 
Fortinwit, re >I'm going to make a ton of dough and buy a mercedes
and a big house in Cupertino.
<<

Think big. Think Woodside.<G>

Seriously, I assume you're not even half kidding.
The performance data in your prior post really
supports a b&h strategy.

Gottfried



To: Fortinwit who wrote (26542)11/19/1998 3:49:00 PM
From: Math Junkie  Read Replies (2) | Respond to of 70976
 
That's the spirit! Now get out there and bid up those stocks! <G>



To: Fortinwit who wrote (26542)12/23/1998 5:46:00 PM
From: Fortinwit  Respond to of 70976
 
*** OT: Irrational Exuberance *** (part two)

The original July 17th Briefing 10 (AOL ATI DELL LU ORCL QWST SUNW TLAB VRTS YHOO) reached an important milestone today: it's doubled in roughly 5 months. Keep in mind that the portfolio started trading at the very peak of the market before the late-summer correction. Neat-o!

The 2nd Briefing 10 (formed 11/11/98) is only up a paltry 23% in 6 weeks. I should have taken my own advice (as usual)...

F.