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Gold/Mining/Energy : GEAC.....Canadian best kept secret -- Ignore unavailable to you. Want to Upgrade?


To: Serge Collins who wrote (637)2/17/1999 1:30:00 AM
From: dave b  Respond to of 1571
 
"I think I'll wait for the market to improve before I buy any tech stock. Right now, I have a poor impression of the overall market. Something is not right, it feels like late summer of '98 again."

You've got that right, Serge. The leading indicators first hinted at trouble in December and reversed in the last week of January. Even the bond market gave a sell signal two weeks ago. And to strike further fear into everyone, the Greenspan model says the market is 20.2% overvalued. (No, I am not short. Just cash). Geac is the one piece of business that I did not finish. Ouch!!!

I'm 65% cash and lookin' to buy at Dow 7000.