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


To: Lizzie Tudor who wrote (15908)1/24/2003 2:49:34 PM
From: fedhead  Read Replies (1) | Respond to of 57684
 
Beating some lowered expectations for one quarter doesn't really justify some of the tech valuations which are pricing in a fairly robust recovery. The outlooks going forward were pretty cloudy too.
As for the bears in the 1990's they were on the wrong side of the main trend . Now they are on the right side whereas the bulls are on the wrong side of the primary trend. As for October lows I am fairly certain that they
are not the ultimate lows in this great bear market for the indices. I don't know about individual stocks but I am
fairly certain that a lot of them are going to make
lower lows.

Anindo