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Strategies & Market Trends : Sharck Soup
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To: DlphcOracl who wrote (21776)5/9/2001 4:54:40 PM
From: Ron Dior  Read Replies (1) of 37746
 
Question to the thread. If the Naz. does go to new lows this summer what will this move accomplish? Will this finally mark a bottom? Also, if this were to happen what would stop irrational exuberance from happening instantaneously putting us right back in the same boat (high P/E's and huge market caps). What could possibly change on the economic front by summer time? Can even a strong economy justify these huge valuations?

Ron Dior
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