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Strategies & Market Trends : Technical Analysis - Beginners

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To: TechTrader42 who wrote (11564)2/12/2001 4:38:09 PM
From: Trader X  Read Replies (1) of 12039
 
Ah, nosey bastards, aren't they? (NYT)

It would also appear from the article that most of that 811 is due to a small handful of internet stocks, which shouldn't even be on the Nasdaq100 to begin with -- Excite@Home , Amazon.com, Yahoo, CNET -- since they were added during a brief period of irrational exuberance. Maybe they should be removed now to bring the index p/e in line with the median.
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