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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.43+1.6%Nov 10 4:00 PM EST

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To: UnBelievable who wrote (52980)6/4/2000 1:46:00 PM
From: Bridge Player  Read Replies (1) of 99985
 
<< that by any useful economic measure stock prices are dangerously high >>

This may well be true of momentum stocks, high tech growth stocks, and some indexes, especially the NASDAQ.

However, I can make a case that there are large numbers of value stocks, small caps, and "old economy" stocks that are fairly priced, and in many cases, quite cheap.

BP
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