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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (76330)	5/2/2001 12:18:58 AM
From: American Spirit	Read Replies (2) \| Respond to of 99985

Righteous strong gains build on real valuations not just frenzy. This next two weeks we can put the value back in value. Absurd some companies are selling for below cash in the bank. Absurd some companies are selling for 20% of assets. Absurd to think the internet revolution is over. And absurd that some world-wide #1 leaders are selling for market caps of just a few billion or PE's under 14. All this, assuming we have the expected recovery and very cheap money, both of which we will. In fact there's more and more demand around the world every day for internet-wireless products. We just had a monster shake-out and bubble-pop, that's all, and a lot of stocks deserved to come down 95%. But now some of them they're down 99%. Get my drift? Oversold still in many cases. That's the gap we close in the next two weeks or so.