That was the same #$%$ we were fed in 1999...."new economy" was the term I believe. I was in Mexico that March and I was getting tooled by some traders from the Toronto Stock Exchange, also on vacation, because I would not embrace the "new" way of looking at valuations. By the time we got on the plane to come home the NASDAQ was down 1000 points from the day we landed. It works until it doesn't. - PJ
p.s. Did you realize that if you switch the letters on your handle, you would turn from a collector of Mediterranean fruits to one that does the unthinkable with farm animals....or maybe a shorter of bubble stocks??
Its funny how the same cast of characters on the street, roll out the SOS time and again. And clearly it works 'till it doesnt. This bad boy has so much lard dripping off its bones, it would choke up a starved pig:)