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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Wizard who wrote (2161)10/11/2000 2:37:32 PM
From: Robert Rose  Read Replies (2) | Respond to of 57684
 
Nice post, Wizard. A few comments:

Being bold right now is fine if in trying to pick the bottom you are willing to average down....

<I view the market as a continuous event, a constant shake-out where winners and losers are sorted out daily, weekly, quarterly etc... >

I don't think you're saying this, but it might be construed to mean you view the stock market as a zero-sum game. Clearly, we are far from a bottom which puts the LT bull status of the market in jeopardy. Heaven help all of us if it ever gets there. Until then, there are more winners than losers in this game. (I think you'd agree with me, based on your posts.)

I've been a yhoo bear for the last 18 months, based on valuation concerns alone. I am beginning to see light at the end of the tunnel. The end of the tunnel might still be a few quarters away. At least we are more than 50% there.

Sounds like you are surviving all this with your psyche still intact. Congratulations. :)

Rob



To: Wizard who wrote (2161)10/11/2000 2:54:46 PM
From: microhoogle!  Respond to of 57684
 
I agree that weaker companies will be shaken out and stronger players like DoubleClick (with lots of cash) and Yahoo will return to their old glory days after these gory days are over.