MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: jmootx who wrote (48740)	5/2/2000 1:52:00 AM
From: Daskin	Read Replies (2) of 99985

I agree with you that this market is a bubble, and we have seen how worse it could be. But that doesn't mean we should pull everything we have out and pretend that there is no good stock out there. Just because it is a bubble, we should be more careful to pick stocks worth the high valuation. But I don't believe this is it... Technology will keep pushing things and create a new world. Of course, not all companies will be involved in this. Don't get me wrong, I am not saying Internet companies will be. It depends on what kind of technology or services they sell. It is really case by case. All I want to say is: "Don't turn over the boat because you hate one of the passengers." It is a bubble, but it will only burst where it should.

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