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

To: Bill Harmond who wrote (3356)	11/22/2000 12:06:29 AM
From: Mark Fowler	Read Replies (1) \| Respond to of 57684

Bill this market is breaking down more and this is way too much and fast of a decline in the stock market that will hit this economy hard, Imo.

To: Bill Harmond who wrote (3356)	11/22/2000 1:00:07 AM
From: Sonny Blue	Respond to of 57684

As Luck Would Have it forbes.com

To: Bill Harmond who wrote (3356)	11/22/2000 1:25:31 AM
From: GST	Read Replies (2) \| Respond to of 57684

William: We are close to a resolution of the political standoff -- that is good news. I liked the ruling today because it deals with something tangible -- a Monday deadline. IMO it matters very little which one of the two losers gets to sleep in the White House -- the government will be deadlocked for four years with a slight expansionary bias under Bush. The issue of the economy slowing, which I took great pains to draw attention to in September, is now largely priced into the market. And valuations have come down substantially in most of the sectors where p/e multiple inflation was way out of line. I think the bear case now is more one of momentum -- and that can change pretty fast. Perhaps we don't rally big, but I think the worst is now over. Good luck.