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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 684.83+0.6%Dec 22 4:00 PM EST
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To: HairBall who started this subject10/15/2000 10:11:42 PM
From: hdl  Read Replies (1) of 99985
 
dow and nasdaq have had big gains for years. if you look at last year's enormous gain on nasdaq and combine it with this year's loss and cut in half you have two more years of nice gain for nasdaq. meanwhile, earnings have gone up also. but pes are still high, despite recent drop in stock prices. so, has the last buyable dip been seen?
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