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 : Rande Is . . . HOME
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Simon Thornington who wrote (45963)1/21/2001 8:43:55 AM
From: GREENLAW4-7  Read Replies (3) of 57584
 
My question to all on this board is this. During the last 18 years from 82-00 we had expanding earnings GROWTH, which caused the NASD to go from an average PE of 50 in 95 to an all time high last march. The market accepted the PE's as an indication of steller growth and an expanding economy.

If we are now facing are FASTEST down turn in earnings, multiple earnings compression, the BIG R word, a falling dollar is it out of the question to see the NASD at 93-94 levels??

And more importantly are we as retail investors getting SETTUP by the BIG BOYS to help them liquidate their positions in a the midst of a current 10 month bear that could last for at least another 12 months before leveling off??

Think hard about what happened in September as too many retail investors waited for the funds to start buying when they were actually selling! They sold from 9/00-11/00 and never came back in to support the techs. They went to value and are still there in my opinion.

If I am correct about this game the funds play to get the retail investor to prop stocks to allow them to unload MSFT should be a nice barometer with the prop-up to 61 lets see what happens over next 2 weeks. No I am not currently short MSFT, but have watched both MSFT and CSCO as well as JDSU get pumped and then dumped over the last several months.

Good luck all, and I will admit those stocks that did not move over 45% last week could hold but if we get a downdraft ALL STOCKS sink. I base this on research on conducted comparing the last 2 falls to lower lows, those stocks that I felt held up better from 3000-2500 still went lower as we approached 2200!
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