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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: limtex who wrote (15052)11/12/2000 9:07:27 PM
From: Boplicity  Read Replies (2) of 65232
 
Price, length of the selling, time of the year. The market is irrational in the short run, but rational in the long run. What's happening now doesn't matter too much to long-term investors. IF you are thinking long you should be putting money to work. I'm happy myself we are seeing all this selling.

We are still in the early stages of an industrial revolution we call the new economy. The productivity gains we have been seeing are not going to end anytime soon, they might even accelerate. Look around you it's easy to see the wealth that has been created in the last decade, I see no reason that this new revolution that has just started will not continue that wealth creation for the next decade. You all might think I'm bearish all the time, quite the opposite.

Greg
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