Don't Drink the Kool-Aid Kids Message Board

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Strategies & Market Trends : Don't Drink the Kool-Aid Kids

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To: Alan Smithee who wrote (1051)	9/2/2002 10:05:14 AM
From: AugustWest	Read Replies (1) of 1063

I love how all the talking heads keep saying how much cheaper stocks are now opposed to the highs. Okay, on one hand they are correct; dollar prices per share have come down. But what most refuse to mention is the SnP is still 50% over valued on historic basis. Nasd doesn't even have a PE due to so many companies reporting negative earnings. One thing that has me puzzled though is that POG, with all the factors working in its favor, still remains relatively suppress, IMO, to what I believe fair value should be- I mean considering all the things going on in the world that could potentially bring the perfect financial storm to land. Just doesn't make sense. BWTFDIK, IJADFGB :)

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