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To: Cactus Jack who wrote (181654)	7/20/2002 12:35:36 PM
From: mishedlo	Read Replies (1) \| Respond to of 436258

bayarea.com "The bottom line is that technology stocks are still over-valued," Mish Comment: Why does everyone think only tech is overvalued? ======================================================================== Gregory Schultz, principal with Walnut Creek-based Asset Allocation Advisors, believes the selling is no longer based on fundamentals such as the economy, which is recovering, or corporate profits, which have been decent lately. "Think of a 2-year-old spoiled brat on the floor, flailing away, throwing a temper tantrum," Schultz said. "It has nothing to do with rational thinking. It won't be over until the brat finishes. Today's selling, Schultz said, is marked primarily by emotion rather than logic. Mish comment: Shades of the FOOL's editorial the other day. Irrational Times. LMAO ====================================================================== Some market analysts suggested the stock selling has just about run its course. Mish Comment: Havent we heard that for 2 years now?