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To: fedhead who wrote (94923)	2/25/2000 9:04:00 PM
From: Robert Rose	Read Replies (1) \| Respond to of 164684

Anindo, have you been reading the mdd thread? <vbg>

To: fedhead who wrote (94923)	2/25/2000 9:10:00 PM
From: Mark Fowler	Respond to of 164684

So far I don't see any breakdown in the leaders but the divergence and Greenspan's determination to tackle the wealth effect makes me very uneasy. << I don't believe in the wealth effect this is a "dead Horse" investors will continue to pour money into those sectors and stocks that show the best promise for the future. Semi's, software, and internets, etc. are in the early stages of another long term growth cycle 3 to 4 yrs. Small caps were out for two yrs. now a lot of this money is being rotated into them from large old economy type stocks and cyclicals and should continue to see this rotation for for a few months more Looks like we're are starting another wave up on the Naz. and when/if the correction does come 4000 4300 levels should hold. Good luck.