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Strategies & Market Trends : Technical analysis for shorts & longs

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To: d. alexander who wrote (24598)	12/19/1999 10:08:00 PM
From: Johnny Canuck	Read Replies (1) of 69340

Dorothy, I agree that the stocks in the loser column are probably a dynamically changing group as sectors and stocks normally experience rotation and fundamental do change. I think the important thing to remember here is the mind share that a concept can capture from the public and their reaction to it rather that the rationality of the arguments behind it. The market is not always a rational animal. I just saw an article on the Street.com talking essentially about the new paradym where valuation does not matter anymore, unbelievable! While I agree that condition can exist for a short period of time, fundamentals eventually do matter. I am still using the old DOS version of TC2000. I saw your post about it not being Y2K compliant. I have not checked yet though.

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