SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan Duchardt who wrote (30160)9/19/2000 7:30:02 AM
From: donald sew   of 42787
 
Dan,

>>>> My long term target on the NAZ is around 1500. <<<<

Just out of principle, I dont make big calls since the probability of predicting such is so low. However, its interesting to note that the whole Japan market did decline about 70%, keeping in mind that the NAZ is not the whole market. I also recalled a study that the NAZ PE, or was it the NDX PE exceeded the PE of the Japan market(N225).

On the fundamental side, is our economy in the same lousey condition as the Japan market before it declined in 1990's - No.

I would not say that it is impossible/improbable for the NAZ to lose 70% but as you said a 70% decline in the NAZ would be extraordinary.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext