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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.310.0%4:00 PM EST

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To: seminole who wrote (68638)2/6/2001 1:54:12 PM
From: bobby beara  Read Replies (3) of 99985
 
What has occurred in the NAZ over the last four months is the result of interest rate hikes. >>>>>>

baloney

and decreased the present value of cash flow (earnings)>>>

double baloney,

tech stocks trade on hope dreams, emotions and "new valuemetrics", they have nothing to do with a balance sheet -lol-

the people who want to blame interest rates are traders/investors who want to blame greenie for there own greed and unwillingness to recognize the madness at the top of the boom and sell.
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