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Re: Fred Langford post# 206676

Wednesday, 02/18/2004 2:28:28 PM

Wednesday, February 18, 2004 2:28:28 PM

Post# of 704047
Add in the fact that the big boys are now starting to talk about the posibility of another interest rate cut. So let me see, if the economy is slowing, which I predicted, and the job growth just isn't there then maybe those VERY expensive tech stocks are in fact VERY overvalued. I suppose the spin we will be hearing soon is that stocks are priced for perfection and strong growth which simply isn't there going forward. I still say maintain high levels of cash here.

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