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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?

To: fedhead who wrote (5384)	2/7/2000 8:31:00 PM
From: GROUND ZERO™	Respond to of 11513

Anindo, The NAZ is a market all to its own kind, that is high tech... apparently, the world of blue chips and industrial companies of the 20th century may well be taking a back seat to the 21st century realm of high tech cyber space... the Internet may have been around for 30 years technically speaking, but it just recently started to take off... believe it or not, in 1992 there were only 50 Web pages, hard to believe, and you had to be a computer whiz to access those few pages.. that's pages, not sites...<g> with the development of thread searches, that is search engines, anyone could search the available pages and then sites sprang up like wild flowers... free enterprise and commerce came into the act just a few years ago... I would think that over the next 75-100 years, the Internet as we know it today will be a museum phenomenon very much like the primitive antique telephones we find today at the Smithsonian... I don't know if those with vision today can even imagine what technology will bring in that coming span of time... sorry for rambling a bit here, but my point is that the NAZ is going to continue to soar and probably be the market for the next generation... the DOW? Well, who knows.... this might explain why the DOW is lagging so poorly and why the advance declines of the NYSE have been in a bear market for years already while the NAZ continues to gain in strength... in the early 20th century, there were numerous auto makers in the U.S. but only a small handful of companies survived and grew to become the giant auto makers we all know today... I suspect the very same thing will happen with the Internet companies... most of them will eventually die on the vine and/or be gobbled up by the more successful bigger high tech companies and only a few giant high tech companies will remain standing as the giants in the NAZ down the road.....BWDIK GZ