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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (2235)3/4/2001 7:04:20 PM
From: dan36  Read Replies (1) of 74559
 
Jay,I'm a long-time lurker here and thought you may appreciate the humor of this ad. Given the reality of our economic environment, this is quite misguided...
changewave.com

".....After the battering the Nasdaq took in 2000 -- including the fiber optic sector -- many of you are wary of anything that even resembles a risky tech stock. And given Nasdaq's recent volatility, you're right to be suspicious. Just a few short months ago, any stock with a P/E above 100 was treated like nuclear waste - it was dumped first and examined later. But with Alan Greenspan and the Fed are back on our side in 2001, it's a whole new ball game."...

The sad thing is that this was just spam in my weekend mail so it can't be too dated. I wonder if this guy's looked at the market since 2000. :-)....
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