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

To: techanalyst1 who wrote (16562)	4/8/2003 5:27:16 PM
From: fedhead	Read Replies (1) \| Respond to of 57684

The whole market is overvalued. We are at valuations that typically occur at tops. I am not saying that you can't pick winning stocks but in a bear market the odds are against you if you are long and last I checked we were still in a bear market. I was using those 3 stocks as examples of the kind of speculative action that is going on where stocks are bought simply because they are going up. As you said it does remind me of 1999 and we know what happened after that. Anindo