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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Stock Farmer who wrote (2361)3/12/2001 11:34:39 PM
From: Jacob Snyder  Read Replies (1) of 74559
 
Great Chart.

And, if you look at PEs (or, even better, PEGs), the Nasdaq leaders are starting to have lower numbers than the other indices. Would you rather own the Walmarts or the Ciscos of the market, if they are available at the same PE?

The question is, has the Nasdaq now returned to baseline, or.........will it overshoot on the downside, as badly as we overshot on the upside?
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