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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%Nov 19 4:00 PM EST

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To: HairBall who wrote (33298)11/12/1999 11:21:00 AM
From: Jorj X Mckie  Read Replies (1) of 99985
 
A pleasure, I am also a bull based on the idea that there is still a bit more in the pipeline with the internet that will change how business is done. As long as the potential is still out there, I suspect that we will still have the speculation that is driving up the techs.

In other words, I don't think that a prolonged bear is in the offing for a couple of years as the "internet revolution" is still in the early stages.

Once there is widespread adoption of the internet throughout the world, to do business (not just talking the e-retailer model), then we will have the potential for a prolonged bear. Of course, we should have several good corrections between now and then.
JXM
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