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Strategies & Market Trends : The New Economy and its Winners
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To: fedhead who wrote (16741)4/24/2003 6:41:16 PM
From: Logain Ablar  Read Replies (1) of 57684
 
Anindo:

While I basically agree with you and am of the opinion this is just a war feel good victory rally similar to the one in afganastan in 2001 it can be different.

I would think one has to look at the coming pull back and see where we end up sentiment wise, volume wise and a few other factors.

I don't feel valuations are corrected in this bear stage. Hey I can be wrong and will see how the market reacts to this pull back (I too expect new lows, breaking the October lows, I now think we need this to set the sentiment).
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