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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 (16148)	2/18/2003 2:00:55 PM
From: fedhead	Read Replies (2) \| Respond to of 57684

My point was its unlikely we have seen a bottom at current valuation levels. If October lows were indeed the lows that would be a first. The magnitude of the bear market usually is proportional to the bull market preceding. Since we had the biggest bull market in history with the most excesses it stands to reason that the bear market that follows will be one of the worst if not the worst and leave stocks at undervalued levels. I would be very surprised if the October lows hold up. Anindo