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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Marc Newman who wrote (23632)8/31/1998 12:55:00 PM
From: dwight vickers  Read Replies (1) of 42771
 
Again, a slow response.

Louie Navellier (on CNBC) also exclaimed (unequivically) that the market has never suffered a bear market when interest rates were dropping.

Guess he didn't check the US experience in the 1930's, or the Japanese experience----now!

There were plenty of other examples.

But I guess that doesn't fit with the "quants" post-WWII economic models that "prove" lower interest rates are always bullish.

I personally cannot believe we aren't getting a fast and sharp bear market bounce from these incredibly oversold levels.

I wonder if that is bullish or bearish................?

Dwight
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