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Strategies & Market Trends : Sharck Soup

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To: $Mogul who wrote (36667)11/9/2001 5:41:50 PM
From: ciVic   of 37746
 
This is the reason why we may just run back up to 3000 within the next year or two....dumb investors. Yes when all is said and done all the PE's will wash out. Wouldn't surprise me one bit to have one last run up of the techs...maybe 4th quarter of 2002 to 1st Q of 2003 - who really knows.

All we can do is read what we see right now..and that is still high valuations and PE's...mind you these are based on terrible earnings. Once things level out and earnings increase these PE's may not be so bad but at the very best the Nasdaq would be fairly valued at 2000 (once the economy turns around)

ciV
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