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Politics : High Tolerance Plasticity
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To: Tommaso who wrote (1474)3/13/2001 12:04:01 PM
From: energyplay  Read Replies (1) of 23153
 
Earnings falling faster than prices

Great article - KEY POINT -
A month ago the Nasdaq P/E was 121 - Now it's 154 because earnings are falling faster than prices.

Some thing to keep in mind when you hear 'Tech is cheap' or 'putting in a bottom'

Wish I had kept my QQQ and SOX puts...
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