Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: cnyndwllr who wrote (87456)	2/17/2001 2:51:16 AM
From: energyplay	Read Replies (1) of 95453

Someone recently calculated the Naz 100 P/E as 781.... (that number is about 5 days old, BTW) Over all S&P is about 22, historical p/e 's run 12 to 18, and 20 -35 for "Growth" stocks A 781 P/E to say 25 P/E ----- That's a LLLONG way to fall I will predict the market will move down in stair steps, clunk, clunk, clunk. With each landing suckering in people... [ notice a total lack of originality here- the market kinda moved UP in stair steps ] We probabaly won't see the beautiful parabolic dives we saw in VertricalNet (VERT) back in the spring Thinking about buying long term tech index puts (QQQ, SOX, IAH) Question for the thread - Any good gold stocks priced above $15 so they can be margined ?

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