Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject	4/14/2001 6:36:54 PM
From: FrozenZ	Read Replies (2) of 74559

So Tradermike, when would you get back into this market, even just for a trade? It seems like you previously would consider it if the Nasdaq broke out above 2000. Or is it a matter of just needing to see the overall economic picture improve. With Greenspend cranking up the money supply, I thought eventually some of it would end up in equities. Valuations are still high, but a lot of these companies did secondary offerings and are sitting on more cash than their market caps... I could name a few including some that are profitable... just in industries with murky outlooks ie. telecom types.

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