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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (3132)	5/5/2000 1:44:00 PM
From: Professor Dotcomm	Read Replies (1) \| Respond to of 3339

Yes, I think you are probably correct. However - even if those kind of companies do not yet form a major constituent of the index, they seem to attract media coverage which in turn could spill over into the index itself. In any case, many of the usual ingredients of a bubble are missing. Another factor which is new this time round is the volatility and the rapidity of price changes in each direction. This is probably making a price correction to be much more pronounced than on earlier occasions in order for it to do its job and be effective.