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To: 16yearcycle who wrote (9139)10/11/2001 6:18:32 PM
From: fedhead  Read Replies (4) | Respond to of 57684
 
I hope you are right but I don't think so. I think earnings will rebound but demand will not go back to the 1999 levels for a long time. And we are already pricing in the recovery. I am long a bunch of techs bought at lower prices which I will start selling once I see the market
breaking down. I used to be a buy and holder but the experience of the last few years make me like Bill Harmond's older approach better. (Where he would post
"sold everything" at market tops)

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