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was Steve

11/30/02 11:55 AM

#50418 RE: Zeev Hed #50417

I'm SURE i disagree with wahz that we are in a secular bull market (ggg).
steve

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wahz

11/30/02 12:01 PM

#50421 RE: Zeev Hed #50417

Zeev, that is silly. Calling it a secular bull, would be like calling the run off the 32 lows into 36, or the run from 74 into 77 a secular bull. I wouldn't suggest that at all. I think we are in a secular bear that will not allow new highs on the nasdaq for at least 15 more years, with a strong possibility of new lows even 10 years from now.


Anyway call it what you want, but I'd rather not get labeled like that just because I do see a powerful double bubble like possibility. And it may change. But I guess I am right that I am more optimistic. For SURE, I am no longer worried about the fall out of rallies that get ahead of themselves. On that we are clearly different.