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To: megazoo who wrote (37331)2/20/2000 4:59:00 PM
From: Zeev Hed  Respond to of 93625
 
SXB, as I said, I believe this time is just another "correction", but eventually, I doubt we can eradicate the "cycle", too much money is getting soaked into weak businesses that will never see black on their bottom line, valuations justified by far over the horizon revenues (not even profits), will eventually cause a severe bear and, IMHO, a long period of bull/bear markets allowing earnings and reality to catch up with stock prices. But, for now, as strange as it seems, I still have some lofty peak values of about 4800 on the NAZ and a a rush to 13,500 on the DOW before this bull is dead.

Zeev