To: Baton who wrote (14664 ) 10/3/2002 12:38:19 AM From: bobby beara Read Replies (1) | Respond to of 19219 It looks more like the opposite of the March 2000 blow off top to me.>> we'll maybe not yet -gg- StockTalk | Hot Subjects | New Subjects | StockTalk Search SI: StockTalk: Market Trends and Strategies : MARKET INDEX TECHNICAL ANALYSIS - MITA Replies: 14707 View Next 10 Messages | Previous | Next To:J.T. who wrote (2550) From: LBstocks Wednesday, Apr 19, 2000 8:49 PM View Replies (1) | Respond to of 14707 The Argument for a Nasdaq Recovery by Charles Rotblut, CFA Senior Analyst/Contributing Editor Last week's plummet in the Nasdaq {NASD} was just the bait that many bearish market analysts were waiting for to claim their vindication. While they may have contributed to the intensity of the panic selling, last week's selloff was more of a buying opportunity than a validation of the bears' call for a continued pullback. This reasoning is based on multiple fundamental and technical factors. The primary target of many of the bearish, value-oriented market analysts is the high multiples that technology stocks carry. Although the majority, but not all, of the technology stocks with sustained growth rates are trading a premium valuations, they are playing a part in a communications revolution that is quickly building very real barriers to entry. This has resulted in a targeted shift of investment dollars, and the resulting valuation premiums directly reflect the underlying blocks of economic theory: supply and demand. Quite simply, there is more money chasing technology stocks than there has ever been in the history of the American public markets. The reasoning behind this skewing of supply and demand rests on an intertwined economic expansion and telecommunications revolution. The United States is currently experiencing the longest economic expansion in its history. This expansion is being driven by low inflation, a comparatively stable domestic and international climate (e.g. no major wars), an improving international economic climate - particularly in developed countries, and a fundamental shift in the ways corporations operate. Today corporations operate with leaner staffs, have better inventory management, outsource more, increasingly compete on an international scale, and rely more heavily on information technology than they did in the past.<<<< what a load that was =lol= let martha stewart decorate her jail cell next to kenneth lay, they should ad in the all the high level manager's of the brokerages to walk the green mile, but they'll probably take this out on Saddam, instead of doing the right thing and prosecuting the real crooks.