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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (100948)6/6/2000 4:35:00 PM
From: adad69   of 120523
 
Clearly one of the best posts. Allan G. wants to take the "fluff" out of this market. He doesn't really have to try.
Greed and fear does the numbers. The greed factor has already make its mark and when you try to position yourself
"long" within the context of the underlying internals, many
portfolio managers will watch valuations erode like the
shore when the tide goes out. Fear will be denied until
it has taken it's toll. I am amazed at how so many people who purchased for instance IBM at $107, that they actually
believe the "company owes them the $107.
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