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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Uncle Frank who wrote (59590)1/18/2001 11:40:03 PM
From: marginmike  Read Replies (2) of 436258
 
Frank though I think Luc is a litlle extremist, his point is still valid. The valuations on Nas are still historicly Very high, and growth has screached to a halt. The return to panic buying should be the last thing bulls want to see. A slow rebuilding period should be what bulls want. The fact that everyone rushed right back in just exemplifies that the mentality hasnt changed. For this reason I still think we have more tree shaking to go.
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