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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (11966)	6/6/2002 10:45:59 PM
From: techanalyst1	Read Replies (1) \| Respond to of 57684

Well... that's my point. I don't have any position in that industry, so I don't really care what intel does, but it's still priced pretty high and I think that is the real problem with the market... why stocks go down on good news... they are just priced too high for the prospects going forward. Stocks are ahead of themselves even though they are down so much from their highs and that's why I feel the market is still deflating in spite of an improving economy (although techs in general don't seem to be seeing their prospects improve). Must be those great factory orders are for double pane windows. TA