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To: Jim Willie CB who wrote (45143)10/18/1999 10:29:00 AM
From: Jill  Respond to of 152472
 
Thanx for the excellent summary, JW. Jill (eom)



To: Jim Willie CB who wrote (45143)10/18/1999 10:50:00 AM
From: freeus  Read Replies (2) | Respond to of 152472
 
retechnology is 24% of S&P 500

Thank you for all the information...interesting.
I had heard somewhere that technology is TOO MUCH % of the S&P as it is only 4% of the actual GDP and that is one reason it is a "bubble" Cant remember which analyst said it...I think it was Jeremy Siegel of "Stocks for the long run"...
Any comment?
Freeus



To: Jim Willie CB who wrote (45143)10/18/1999 5:36:00 PM
From: jmanvegas  Read Replies (2) | Respond to of 152472
 
JWCB - Yankees repeat, then the market turns upward just like last year about this time, but at a cautious rate. Fear, brown undies, margined traders getting creamed - don't you just love it - somebody was buying down on the lows of Naz today including me. Maybe I'm wrong, maybe I'm not but I smell a turn shortly. It's not fundamental, it's not technical, it's just an intuition because the other 2 don't mean crap right now when people are throwing in the towel. Like Roberto Duran did in the 2nd Leonard fight - No Mas. Mr. Market is smiling right now saying to the fearful - just give me your shares.

jmanvegas