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

To: Crimson Ghost who wrote (45001)	4/4/2000 7:41:00 PM
From: pater tenebrarum	Respond to of 99985

George, i agree and i believe that it will eventually happen. admittedly some stocks have fallen so far from their peaks that one could argue they have already completed a bear market, only in some cases in record time. one has to ask however, does that mean they are really in bargain territory? some 'old' economy stocks are, but only if there is NO recession ahead. as for the glamour stocks, well...they seem to never really get cheap, but i remember in the late sixties, and mid seventies the then glamour stuff went down 80-90% before a bottom was put in. are today's glamour stocks an exception to such decimation potential? my answer to that is that you never know with something that is 1% real assets and 99% hopes and dreams... regards, hb