Forget TRAILING EARNINGS " that was then this is now". (a great book incidentally). Forward EPS GROWTH. Unless you are convinced that the US economy is totally over with, and we are going to become a 3rd world power, then okay, let's all bail and I'll see everyone in Europe....if I can take my rifles with me for the Armageddon that would have to result also. The economy will recover, NTAP will exceed its prior 52 week highs. Now if you are trying to time the market, like Jake I think is, then great, have a great day trading trading range day or so, and be careful that your fellow bears don't bite you on your bear end, cause all bear markets end nasty, more than the bull market sell off was ugly, cause "SHORT PEOPLE GOT NO REASON..."
I am,
Truly your$,
-Crystal Ball |
