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

To: Jay8088 who wrote (34039)	11/20/1998 3:15:00 AM
From: Berney	Read Replies (1) \| Respond to of 94695

Jay0888, I agree with you that it's going to happen. In fact, tulips don't flower in the winter and neither does the Market. But, why profess that the sky is falling (until it happens)? Jack be nimble, Jack be quick. I've come to appreciate that there is no particular advantage to holding a belief. GZ did not pay for this cruise and the next one by holding a belief. Further, my wife would like a cruise. You got to understand that my background as an accountant says that these overall Market valuations are a joke. However, I'll simply state that the folks that adhere to this principle have no understanding of what a liquidity driven market is about (Jim, where are you when we need you). Someone actually posted tonight that the end is at at hand because AOL declined in value (bb I hope you're right). Excuse me, but it was still at an all time high. Look, I agree that the end will not come nicely. It will be very painful; but if you had followed the author of this thread's view a long time ago you would be a very happy camper. I only reflect that the time to be bearish is not when the tulips are blooming. Berney