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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject3/16/2001 2:46:56 AM
From: FrozenZ  Read Replies (1) of 74559
 
Yes, everyone knows the nasdaq was and is bound to fail in a big way. What no one seems to be able to explain is why now and not six months ago. In other words timing is everything and no one has figured out how to time the market perfectly.
So yes, nasdaq will go down, and yes at some point, perhaps in the far distant future it will go up again. Many have given up timing and just say... well I'll wait until the far distant future I don't care if it takes twenty years. Others here say... no you can time the market because the p\e's are too high... well no shit sherlock, just tell me how to time it or shut up.
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