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Strategies & Market Trends : Sharck Soup
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To: Paul A who wrote (20430)5/4/2001 9:29:19 AM
From: DebtBomb  Read Replies (1) of 37746
 
I don't know Paul, I just wonder when the analysts and media stop pushing a year end recovery, a year end recovery is all guess work IMO, there's no guarantees.
One thing I've been thinking about for a while is, what if people begin to think, rate cuts aren't helping, things are getting worse......
The last time 4 rate cuts didn't work was 1929-30.
What if the media starts pushing the resemblance in rate cuts and the Nasdaq to the market in 1929-30??
Some stocks look attractive, but techs look grossly overvalued to me.
Just my opinion.
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