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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?


To: Goldbug Guru who wrote (1227)5/20/1999 1:05:00 AM
From: KW Wingman  Respond to of 3558
 
Nah, we probably have to be about 36500 on the Dow to be as big of a bubble as the Nikkei was, maybe much higher. All Asset values in Japan were completely out of wack.
such as when
Total Tokyo real estate valuation exceeded all of USA real estate valuation.
We have a ways to go before we equal that bubble.

I am also uncomfortable with the values put on some companies such as GE. In the case of GE and many of the others, they are great companies and may be worth the high valuation the market has given them. What to buy, this is the difficult choice we must make when we try to grow or protect our money.