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To: Dave Gore who wrote (61512)7/22/2002 11:21:18 AM
From: Jack Hartmann  Read Replies (1) | Respond to of 208838
 
Just because stocks go down, that doesn't mean the economy is bad

I think we are about done with the selling in the large caps. Not much downside left on largecaps like HD, SBC, and utilities.

Jack



To: Dave Gore who wrote (61512)7/22/2002 11:21:18 AM
From: Jack Hartmann  Respond to of 208838
 
Just because stocks go down, that doesn't mean the economy is bad

I think we are about done with the selling in the large caps. Not much downside left on largecaps like HD, SBC, and utilities.

Jack



To: Dave Gore who wrote (61512)7/22/2002 11:33:10 AM
From: stevenallen  Read Replies (2) | Respond to of 208838
 
People get a weak economy confused with stocks that were and in some cases still are overvalued

Dave, you are right, valuation is a key issue - and as always, greed and fear manipulate the small investor.