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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 12 4:00 PM EST

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To: donald sew who wrote (11015)	4/14/1999 4:06:00 PM
From: Jeffery Lakeshire	Read Replies (1) of 99985

Donald, I'm not referring to the nets as a new paradigm specifically. Maybe I'm not interpreting "paradigm" in its latest use as I should. The paradigm I'm referring to is the widespread claim by so many that the market has truly evolved into a new model that doesn't depend on traditional values anymore. For example, I heard an analist say not too long ago that the bond market shouldn't continue influencing stocks anymore. Can you believe that? Really, he was saying that the market wasn't fundamentally overvalued, and for investors not to be concerned about interest rates because we were moving to a new age of investing or something crazy like that. Jeff

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