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Strategies & Market Trends : SiliconInvestor All Stars Forum
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To: $Mogul who wrote (1468)10/19/2007 1:40:03 PM
From: SouthFloridaGuyRead Replies (1) of 1718
 
A lot of tech stocks are holding strong. GOOG is up today. This is just a needed correction from overbought conditions. We should bottom soon.

Many stocks do not reflect the U.S. economy, they reflect the global economy. Thus looking at indices doesn't tell anyone much (except that the global economy is strong).

Not sure stocks reflected anyting but the global economy - it's just that once upon a time, the U.S. economy WAS the global economy.
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