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 : A.I.M Users Group Bulletin Board

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: OldAIMGuy who wrote (10528)3/22/2000 12:05:00 AM
From: fuzzymath  Read Replies (1) of 18928
 
Tom, very good point in the newsletter about the P/E's of stocks with no earnings. These stocks have no P/E, so they are not figured into the market P/E. If you did figure them in (add their losses to other company's positive earnings?) you'd see an incredibly different picture. In the 73-74 bear market there was a time when the earnings of the DJIA went negative. So, what was reported as P/E? Zero with an asterisk.

The idiot wave is a very scary graph. I have no idea what's going on right now, except that possibly it is being realized by someone that the big old boring companies can hire a herd of dot.com people and whip the pants off 90% of the earnings-less dot.coms that so much money has been poured into.

But, the big rallies turn all my short-term models positive, so I'm hoping to be able to ride this wave for at least a little while...

Kevin
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext