MDA - Market Direction Analysis Message Board

STOCKTALK

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 : MDA - Market Direction Analysis

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Square_Dealings who wrote (47755)	4/23/2000 4:03:00 AM
From: Bearded One	Read Replies (2) of 99985

But the P/E ratio historically had actual meaning when treating stocks as financial instruments, rather than, say, baseball cards or objects d'art. The P/E ratio could help you predict a future dividend stream which could then be compared to other places to put your money, like bonds. There was an ownership value to stocks as opposed to a future trading value. Dividends and P/E's which predict them place a floor on the intrinsic value to stocks, moderating downturns. Given that the dividend yields are historically consistent with a Nasdaq of about 1000, well, that's the support level for the Nasdaq as far as value is concerned. To say that there are more consumers than ever before is new-agey. There have always been more consumers than ever before.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next