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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (41685)2/28/2000 12:22:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Jim, i don't deny it dominates the S&P. but not the economy. a new world (which i agree is on its way) is no guarantee for forever rising stock prices. they already discount decades of growth...

regards,

hb



To: James Strauss who wrote (41685)2/28/2000 12:31:00 PM
From: KyrosL  Read Replies (1) | Respond to of 99985
 
Jim, the key question here is how profitable this world will be AFTER the infrastructure we are feverishly building right now nears completion. I see a world with very few barriers to entry, rampant competition, and cutthroat pricing. Also, a world where whole armies of service workers will be made obsolete. It seems the bond market is starting to agree with this view.



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