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.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam who wrote (7889)8/18/1999 11:09:00 PM
From: JF Quinnelly  Read Replies (1) of 15132
 
The market has the look of the "Nifty Fifty" era of the early '70s, before the nasty '73 bear. Back then a small group of high p/e favorites kept the averages up while there was deterioration in the broader market.

The Japanese had a "twin bubble", both real estate and stock market. We don't have that.

Valuation of the broad market is high. P/E of the S&P is something like 27. I don't think it has ever been at these levels before, much less stayed at them.

Seems to me that more can go wrong than can go right; most everything already is right. I'm happier buying when no one wants stocks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News