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Strategies & Market Trends : Sharck Soup

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To: DlphcOracl who wrote (12146)3/18/2001 11:11:34 AM
From: bobkansas   of 37746
 
Hi DO.

Why couldn't the NAZ go to around 1000? While pe's have come down, so have projected earnings. So pe's have to come down even more. I read somewhere on SI that the qqq CURRENTLY has a pe of over 145. Likely higher than that as many of the NAZ 100 have zero earnings. So going on down to a thousand would wash out the greed in growth stocks and start a new bull running imo.
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