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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (2734)4/11/1999 12:55:00 PM
From: Dale Baker  Read Replies (1) | Respond to of 3339
 
All this evidence is true, but it also irrelevant until the market turns and pulls back. Look at it this way - with the Internuts and other mo-mo stocks, you can enjoy the turkey while it's still getting fat, then you get to turn around and eat until you are stuffed on the short side.

The trick is not to dig in too soon just because valuations are insane. We are still in the "greater fool" period. I am quite happy to take the fools' money selling stock which I bought at lower prices.

It won't be hard taking more on the way down too - the "buy the dip" crowd will be out in force, dancing in a hailstorm of falling machetes.



To: The Ox who wrote (2734)4/13/1999 10:57:00 AM
From: Moominoid  Read Replies (1) | Respond to of 3339
 
Things seem to be gradually broadening out. SPY down and MDY up currently today...

David