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To: chic_hearne who wrote (48733)12/18/2000 10:34:55 AM
From: pater tenebrarum  Read Replies (3) | Respond to of 436258
 
i think the bounce will make it into tomorrow's session though...the announcement of the bias change should give us some short-lived fireworks...



To: chic_hearne who wrote (48733)12/18/2000 10:59:24 AM
From: Gary M. Reed  Respond to of 436258
 
Maceo must have long-term memory loss. Historically, in Recessionville, big cap techs are valued (as they should be) as cyclicals--just like CAT or IP. This crap about tech being a "safe growth haven" in tough economic times is a fallacy. Just look at the multiples tech got in the Fall of 1990.