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

To: hmbsandman who wrote (15423)	12/19/2002 6:43:03 PM
From: fedhead	Read Replies (1) \| Respond to of 57684

I would compare our bubble to the South Sea bubble in the 1750s. It took over 50 years to recover from that one. As for buying tech gear , that is bound to happen after 2 years of no growth but is that a beginning of a sustained trend or just a couple of quarter phenomenon. With corporations in debt, consumers up to their eyeballs in debt, states facing record deficits and having to slash spending programs, who is going to be spending all this money to sustain these valuations. The % of households in the stock market through stock funds is already at historic highs, who else is left to enter. Anindo