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

To: David W. Taylor who wrote (79991)	7/11/2001 1:24:13 PM
From: eichler	Respond to of 99985

David, Great post. Exactly to the point. Regards, Eichler Too bad it was directed to unhearing ears and closed mind. ggg

To: David W. Taylor who wrote (79991)	7/11/2001 2:21:41 PM
From: American Spirit	Read Replies (3) \| Respond to of 99985

Many starting back up now. Looks like the bottom (knock on wood). No bubble in the stocks I'm looking at, that's for sure. Believe what you want but today was very gloomy and we're not going down anymore (again knock on wood). 1950 would be a logical stopping place. 1850? I don't think so. But let MOT and YHOO not tell us anything not already priced in.

To: David W. Taylor who wrote (79991)	7/11/2001 2:25:08 PM
From: seminole	Read Replies (1) \| Respond to of 99985

<<< We need to get to insanely undervalued.>>> Why? Will insanely undervalued change the economy? Will insanely undervalued change the amount of money going into retirement accounts. We may get insanely undervalued or may not. You may want insanely undervalued but we don't need insanely undervalued, IMO. <<P/E are still overvalued.>> Will the correction occur because the P (prices) decrease or because the E (earnings) increase as the economy improves?