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Strategies & Market Trends : Keep Your Eye On The Ball - Watch List -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (1036)5/3/1999 7:41:00 PM
From: TFF  Read Replies (2) | Respond to of 2802
 
I have to say it is quite amusing to see the street talk rotation out of technology and into cyclicals. I recall the 1995-1997 markets in which the market pundits periodically claimed that technology was finished and that the market was now moving to other sectors. And as usual technology made a brief pause and then ran quickly back to old highs never letting the sheep back in (except at much higher prices that is). What these pundits seem to miss is the obvious - technology has the highest growth profile and the internet co's in particular have amplified this by limiting their floats.

"Those who forget the past are doomed to repeat it"