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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (4065)2/22/2001 12:17:21 AM
From: John Pitera  Read Replies (2) | Respond to of 15481
 
Michael, it's been very hard for so very many. I have been working with some people who trimmed
their tech exposure back in late August, but were still deeply committed the new age tech, B2B etc and
these things have gotten hammered into oblivion and it's no fun, 5 years ago people believed that this type of
liquidation bear would come but by the start of 2000, the suspension of disbelieve was total.

I am a little excited about the fact that the bigger run Kondratieff cycle is still with us. I see opportunities
to get into some secular bull markets in several areas over the next several years. I'm positive we'll see
explosive commodity markets like the 70's again, a renewal of inflation in a few years. There will be
some opportunities but they will be differenet than the 90's and most of the 80's for that matter.

that's my thinking anyway.