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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (88487)1/14/2001 2:22:56 PM
From: ild  Read Replies (1) | Respond to of 132070
 
I think we are still in the "big is good" part of the bear market, similar to 1972-1974. The theory being that Hewlett's eps stink the house out and they lied about their prospects last quarter, but at least they won't go belly up. I doubt if it will last as long as the 70s Nifty Fifty fiasco this time. Information is flowing much faster.

How long did it take for Nifty Fifty fiasco?



To: Knighty Tin who wrote (88487)1/14/2001 10:47:46 PM
From: Freedom Fighter  Read Replies (1) | Respond to of 132070
 
Mike,

How much of an impact do you think tax selling had on the decline of many stocks late last year and how much of the bounce so far this year in many stocks do you think is simply that money coming back in?

Wayne


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