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Strategies & Market Trends : The New Economy and its Winners

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To: Alex MG who wrote (16568)	4/8/2003 7:04:51 PM
From: techanalyst1	Read Replies (1) of 57684

Did I say the entire market is undervalued? I don't think so. The "market" can remain "overvalued" for quite some time and in fact it can get more overvalued. If it weren't for all the shorts, we probably wouldn't even see all this crazy volatility and we probably wouldn't see stocks with pe's over 50. What was the pe at THE bottom after 1929 bottom, if you know?

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