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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (27932)9/18/2001 11:13:21 PM
From: bobby beara  Read Replies (1) of 30051
 
zeev, i agree on all those technicals, but you are leaving out the psychological impact of the mythological bull horns being clipped (and i'm not trying to be moribund or callous here, i have been in grievance for the last week like everybody else)

very few tech companies pay dividends, people buy tech stock for capital gains, WE ARE IN THE PROCESS OR REVERSION TO THE MEAN, where companies that pay a dividend are valued highly and companies that don't will be characterized as speculations.

b
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