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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (13784)	9/4/2002 6:04:48 PM
From: fedhead	Read Replies (2) of 57684

Problem is stocks are still absurdly valued in spite of the length of the bear market. Either the market will trade flat to sideways for a long time till the earnings catch up with valuations or the markets will head lower with a vengeance till valuations are adjusted to prospects of future growth. In either case the argument for buying stocks is non existent. Anindo

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