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S&P500 minus Tech's



I saw a graph the other day of the S&P 500 vs the graph of the S&P 500
without MS/Intel and other tech's (Ned Davis made the graph -- very good
observation).   At the peak, the S&P w/o topped out around 1100 even though
the average went to 1500 and something...

Anyway, is 1100 going to be our Number One Hurdle???  After all, everything
else seems to be poised for growth.... I think the US economy is much better
than 1100... It's just a pity that we let 9/11 affect our ability to see
value..  Otherwise, with interest rates this low, we should be busting out
the seams....

I'm buying...

ntx





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