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


To: GROUND ZERO™ who wrote (38201)3/11/1999 8:44:00 AM
From: Tom M  Read Replies (1) | Respond to of 94695
 
Yup, gotta run the hype full blast lest Goldman have to cancel a SECOND time. Not that it'll matter to the market, but I can't think of a worse environment to IPO another brokerage. The obvious nature of their unfounded hype has never made them look so unscrupulous, IMO. They never even mention risk anymore with the market growth completely based on historic expanded PEs while MF cash supply around historic lows. Even the bulls have to wonder by now how long the last of the public can keep buying what the street's shoveling at them.

Now if Goldman was to mention a 10 stock market is not healthy, and perhaps there's more value and less risk in the thousands of stocks below 2X book or certainly below book... Naaaah !

regards,
Tom



To: GROUND ZERO™ who wrote (38201)3/11/1999 6:06:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Gz,

Have they repealed the laws of value? I think not. What I think we are seeing is either a short squeeze OR BTDers afraid of being left at the stations.

The ones that are left at the station will be lucky, mark my words!

Bill