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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (40427)11/22/2000 5:29:57 PM
From: prosperous  Read Replies (1) of 436258
 
It seems that S&P is holding very well (not much correction so far) in spite of the overvaluation from historical norms and the folks have just been moving into defensive stocks. We still are not at a stage where people consider "stocks bad", it seems currently it is only techs that are considered "bad" and shot down, but may not be far when "every overvalued stock will have its day in the shade".
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