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To: GROUND ZERO™ who wrote (844)	1/12/2001 4:40:27 AM
From: Moominoid	Respond to of 12411

Hi GZ This is the beginning of the next major bull leg upwards in these markets... I would go that far yet. BWDIK. I'm just hoping for a bounce of a few hundred points on the NAS indices. They are overvalued now and will be worse then. So I figure they will go sideways for quite a while. Of course there are individual NAS stocks that are likely undervalued. Like DELL. As for the SPX that could be fair value depending what you think the equity risk premium is and future profit growth rates will be. I wouldn't get distracted by the near term day to day noise of the doomers and gloomers, they have been bearish and have been wrong from the beginning and have missed all the bull market move..... I pay attention to those who do switch between bullish and bearish directions in rational ways. Like LG, who I just apologized too. Or Bobby Beara. I don't pay any attention to certain characters I won't name who I read for fun. David

To: GROUND ZERO™ who wrote (844)	1/12/2001 4:40:58 AM
From: Moominoid	Read Replies (1) \| Respond to of 12411

Hi GZ This is the beginning of the next major bull leg upwards in these markets... I wouldn't go that far yet. BWDIK. I'm just hoping for a bounce of a few hundred points on the NAS indices. They are overvalued now and will be worse then. So I figure they will go sideways for quite a while. Of course there are individual NAS stocks that are likely undervalued. Like DELL. As for the SPX that could be fair value depending what you think the equity risk premium is and future profit growth rates will be. I wouldn't get distracted by the near term day to day noise of the doomers and gloomers, they have been bearish and have been wrong from the beginning and have missed all the bull market move..... I pay attention to those who do switch between bullish and bearish directions in rational ways. Like LG, who I just apologized too. Or Bobby Beara. I don't pay any attention to certain characters I won't name who I read for fun. David