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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: clochard who wrote (16594)1/6/1999 2:50:00 PM
From: larry  Read Replies (1) | Respond to of 18691
 
Steve,

Your analysis is perfect but that has nothing to do with the buying frenzy. 90% of the gamblers in the current market only knows that the market, stocks can only go up and even if it dips, he will double his investment simply by holding. Most of the people know nothing about the market cap. All they know that buying AMZN at 150 is cheaper than 380, and the issue will go up to 300 within a month. Nothing is going to stop the train right now.

larry!