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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%4:00 PM EST
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To: bobby beara who wrote (54178)6/15/2000 1:00:00 AM
From: Follies  Read Replies (1) of 99985
 
bb,

They can't all be winners. I think that companies must have a legitimate business model. There will always be stocks that get hyped. My point is that this economic/technologic revolution is for real and will continue indefinitely! There will be winners and losers and the winners will sport huge PEs and PEGs.

I still believe NDX will pull back to 2800, maybe even 2500 but then its back up to 5k 6K etc. We will not crash like Japan or 1929.
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