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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (2792)	7/6/1999 3:29:00 PM
From: Skeeter Bug	Respond to of 3339

>>The relatively steady drop in interest rates over the last 5 years has made the stock market more attractive and one could say this trend justifies "some" of the increased valuation when evaluating the "meager earnings growth".<< interests rates are up almost 1.5% and the market has soared while rates have soared. this is an irrational disconnect created directly by bubbleboy injecting cash into the system that has resulted in a credit bubble - almost all of which ends up in the market. jmho.