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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Gary M. Reed who wrote (36437)11/11/2000 1:25:37 PM
From: re3  Read Replies (2) of 436258
 
Gary, good post, j6p thinks the nasdaq itself is infallible, its almost like they are buying a share in the concept 'technology' which of course will continue to shine , without realizing that they are just buying a bunch of companies that are only currenly the leaders. nobody figures that there will be new companies to overtake these current leaders, never mind their overvaluations.

i think someone mentioned that the nas has bounced back from 3k a few times, it'll be interesting psychologically to see if it can get below 3k and stay there long enough to make j6p squirm. i don't think it will be too palatable if j6p sees the nas with a 2 handle...
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