Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Gersh Avery who wrote (37810)	7/10/2002 8:44:58 PM
From: Lee Lichterman III	Read Replies (2) of 52237

>>The market is going down for the same reason that it went up back then .. stupid money .. and stupid money will take it down further than it took it up. << I am curious why you think it is stupid money taking it down? Seems to me we still are no where near historical valuations and thus we could fall a heck of a lot lower and it would be the smart money waiting to get it at fair value. We still aren't at "fair Value" -g- I also find it very convenient that Yardeni never shows a Fed model chart that goes back before the super Bull from 1984 on. I wonder what that Fed model looks like going back to about 1945, or 50 or the 60s or the early 70s. Hmmmmmm Good Luck, Lee

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