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Strategies & Market Trends : The New Economy and its Winners

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To: Libbyt who wrote (6045)	4/3/2001 1:44:19 PM
From: 16yearcycle	Read Replies (1) of 57684

"Some of the analysts who seemed to be so negative about any technology stocks, now seem to have "changed their tune" as they see the tech meltdown starting to have an effect on the "old economy" stocks." Right; the bears are right but not for the right reasons. HOWEVER, it is important to not get caught up in being right or wrong at a time like this. IMO, this sell off, under 3000, is all about a liquidity disaster caused ENTIRELY by the fed: a strong correction that has been turned into a meltdown by terrible monetary policy. The bears want to say this is all about values and imo, they are waaaaay off. But I'd rather have their results the last 4 months than mine.

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