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To: isopatch who wrote (88479)	3/10/2001 11:08:43 AM
From: MetalTrader	Read Replies (2) \| Respond to of 95453

iso, allow me to take issue with the assertion that we are in a bear market. I realize that by definition we are. But if one looks at an S&P index in which 6% of the stocks are responsible for 45% of the movement, I wonder if the definition has much meaning. Over the past 12 months there is only ONE sector which has shown a negative result. Does one bad sector a bear market make? Last year technology was responsible for over 40% of market cap and much like the previous energy bubble of the yore this is now being corrected. I have been accused of sophistry in making the assertion to others that we are not in a bear market. However it is seems to me far too narrowly focused and says more about the investors than the market. mt