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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Hockeyfan who wrote (8635)6/5/2000 6:28:00 PM
From: TraderAlan  Read Replies (2) of 18137
 
Hock,

<paradigm>

I can't wait for the new paradigm that gets rid of the word paradigm.

Actually most of what you're saying here has been argued for the last 6 years. The real test will come near the end of this economic cycle. The typical pattern should produce a slagflation type environment. So if that doesn't happen, that's good news.

The big problem is that many members of the new economy are so in love with themselves that they can't see that they aren't really contributing anything. That's about 40-50% of Silicon Valley right now, with the other 50-60% actually making a difference.

Alan
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