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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: dennis michael patterson who wrote (23945)6/1/2000 3:13:00 PM
From: drsvelte  Read Replies (1) of 42787
 
Dennis, I would look to the source of the change in sentiment and the sudden concerns over valuation. I think those changes were driven by FED actions and perceptions of future actions. With rising interest rates, already high valuations look even higher! If there are indications that FED rates may be stabilizing, I suspect there could be a shift of the pendulum in the other direction.
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