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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (3885)	7/31/2000 8:04:40 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Bosco, this writer must be quite "young" and has no memory of the prior secular bull and its demise in the 70' early eighties. The same thing happened them, except they were called the "nifty fifty". This is a typical behavior of the end stage of a secular bull market, money is flowing into fewer and fewer equities which become overvalued, and then the whole market assumes a new direction, led by the shooting of these overvalued stocks (see what happened to LSI last week). Zeev