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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (56738)	3/12/2014 12:34:10 PM
From: Bill Harmond	Read Replies (1) of 57684

I agree we're in a bull. I'm not buying the bubble argument because these leading companies are growing revenues generally faster than the leaders in the 1990's. However beta is certainly in play. We were in a huge bull in 1994, 1997, 1998. Each had severe corrections. Especially '94 (caused by the Fed) & '98 (caused by emerging markets). Cisco got halved in March-May, 1994.

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