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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (12524)	7/2/2002 1:57:30 PM
From: Lizzie Tudor	Read Replies (5) of 57684

Don't tell me you're rooting for msft now! Geez whats next, dogs living with cats?! Cien looks like he thinks the bottom is in. Also itwo and some others of mine. Hey would you happen to have any historic articles that present a different picture of what I keep reading from the bears. The old saw is, 'there have been a few bubbles, 1901,1929,196? - and all of these resulted in a flat market with a slight downside bias for years. Is there any counter argument to this? You have been through a few bear mkts you said... I know of one bubble that did not follow this trend, that was N Calif real estate in the late 80s. The bubble burst hard in 1990, 91. Was flat for a few years - like 2- and then resumed a slow steady uptick, finally surpassing prior highs. But thats real estate. It was a bubble though, no doubt about that/. L

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