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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.17+0.2%Dec 11 4:00 PM EST
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To: Techplayer who wrote (56702)7/17/2000 7:37:52 PM
From: Haim R. Branisteanu  Read Replies (2) of 99985
 
TP, that is exactly my question, how do presumable responsible people buy those stocks ......... and it is not like in the old days that you had an handful of stocks with outlandish valuation, now there are hundreds worth billions of dollars but no real business model, just hope.

The most concern that those stocks are not run by small investors or day trader but by professional fund managers who are supposed to know to read balance sheets and should understand business models.

BWDIK
Haim
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