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Strategies & Market Trends : The New Economy and its Winners
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To: Mark Fowler who wrote (5541)3/4/2001 5:07:25 PM
From: Bill Harmond  Read Replies (3) of 57684
 
I don't think there's an economic crisis at all. Look at the Cyclical Index. It bottomed in October and has been making higher highs and higher lows since.

I think this mostly a market event in the technology sector. It's hysterical, and not in the funny way. There is no economic justification here and now, just as those who argued the same in 1999/2000 on the way up.

I liked Friday's action relative to Thursday's ranges.
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