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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (11903)2/12/2000 1:24:00 PM
From: Investor2  Read Replies (1) | Respond to of 15132
 
RE: "If a bear market develops, it won't make any difference anyway because most everything gets pounded in a bear."

I've been following a lot of good growth companies (non-technology) that have broken relatively long-term support levels and are making new lows. Many of those stocks have already seen a bear market of 20% - 40% or more. Only the select few glamour stocks have held the market-cap-weighted indices at or near their highs. If (when???) these glamour stocks crack, ... well, that will be a critical time for investors.

If the money just flows out of the glamour stocks and into the traditional value and growth stocks, things won't be so bad. I believe that a catastrophic crash is possible if the glamour-tech stocks crack and investors panic.

Best wishes,

I2

PS - Did you see this chart?

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