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Strategies & Market Trends : Angels of Alchemy
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To: SirRealist who wrote (17210)10/13/2000 4:10:39 PM
From: If only I'd held  Read Replies (2) of 24256
 
Then don't. I think it was just a releif rally...somewhat. Basically, the sellers just ran out of buyers, and had to let up. I don't think much new money came in at these valuations myself, but I wouldn't have any information in front of me to confirm that. I think we still have some unfinished business myself. Looking at the valuations in this market, it seems to me the lesson hasn't quite been learned yet. YHOO 60 owners are already being punished...as it should be.
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