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 : Market Direction Predictions and BS guesses
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: the Chief who wrote (63)5/18/2000 5:54:00 PM
From: SBHX  Read Replies (2) of 234
 
(* Chief, you have the no ticker rule for your thread, but aren't I*M and H*P also techs on the DOW, even if they have low enough multiples that they don't count as crazies. Frankly I don't really know if your IN*C will really grow as much for the rest of the year, but I won't even debate that.

I think even if the blue-chip non techs do not suffer as much (initially), the people like me who hang around these stock chatlines are attracted to the what I euphemistically call TECHS, which is more than just inuts.

For us who are flawed enough in our thinking to concentrate our investment in techs, even if the broader market was to stay unchanged, the pain for some will be very real (especially for those who still believe that buy and hold applies to stocks with P/E of 200+).

Suppose what you are claiming is true, that this is just a cyclical sector rotation, then that begs the question : what is the end result of this sector rotation? If the answer is downward adjustment of P/E, then I don't see how many of these tech stocks can survive a multiple contraction to what is considered sane levels without some major pain. The level of change is going to feel like being mauled by a polar bear regardless of what the DOW numbers say.

After that, who knows what happens.

Great cloaking device. Say, are you sure this works? *)
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