MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: ayahuasca who wrote (68365)	2/2/2001 4:28:21 PM
From: iod_sherwood	Read Replies (1) of 99985

My take is its not so much an economy thing that is killing the tech market, but rather an overall recognition of stock price bubbling and realization that going forward, getting your bang for the buck will actually matter. When things do pick up again in the economic engine... Don't think it'll be as airy fairy or bubbly in the valuation department as it was for some time in recent years... There will always be a few standouts... that's a given.. but in general... things are winding down...

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