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Pastimes : Home on the range where the buffalo roam

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To: stockman_scott who wrote (9580)10/30/2002 3:29:33 PM
From: Sig  Read Replies (2) of 13815
 
<<<Recent gains by tech stocks have left many market watchers wondering if this is a bear-market rally or the
beginning of a bull market. "A truly sustainable long-term bull market isn't likely until everyone gives up on tech," said Ed Yardeni, chief investment strategist at Prudential Securities. "In any event, the next bull market is likely to be led by a different sector, in my opinion. My vote is health care in general, and biotech in particular." >>

IMO Ed may have this wrong. As tho techs haven't already tanked (chk Glw, Nt, Jdsu, Lu, etc) because people gave up.
And the world has progressed so we don't need more tech ? Does Prudential own stock in a mattress company ?
Sig
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