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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: jcky who wrote (20616)	11/29/2000 3:47:13 PM
From: edamo	Respond to of 65232

icky...didn't say the nasdaq wasn't in a bear market....but eight months is not a historically long down trend...difference between 70's nasdaq collapse and today is that nasdaq didn't reach the high valuations that we just saw.....it's a bit of a reality check...30 years ago most of the high flyers, swift swooners couldn't have made it to the ipo stage, let alone garnish value..... unusual years ago to have a listed stock on any exchange that never had earnings and posted continual losses....banks who were the primary capital sources wouldn't allow it! good luck, place another brick in the wall of worry.....we need it....necessary for a reversal... ed a.