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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (12727)	7/16/2002 3:06:03 PM
From: Lizzie Tudor	Read Replies (4) of 57684

Oh blah. I STILL don't get this secular vs. cyclical designation. From my pov its either a bull or a bear period. Corrections are supposed to be 20%. I never heard this cyclical vs secular designation until the last year. Was it around before? If not, I'm going to ignore it. This bear has brought out all these terms and valuation metrics just like the bull did in reverse. L

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