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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Najib Mehanna who wrote (71086)	5/6/2001 10:19:56 AM
From: UFGator93	Respond to of 122087

Najib -- it was sarcasm. I answered a post that made a point about people buying because the Fed is cutting rates. That post asked what would push stocks up once we were at 0 and the Fed couldn't lower anymore. My point was that it is foolish to buy overvalued stocks at this time thinking the economy is going to magically turn around just because the Fed is cutting rates. The reference to Mary Meeker and Abby Cohen was also sarcasm -- they are just market cheerleaders that parrot the same lines over and over, yet people out there are stupid enough to buy because the analysts tell them to. The reference to stocks being undervalued was supposed to be typical of their statements.