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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: donald sew who wrote (4398)3/28/2001 5:01:24 PM
From: Maxer  Read Replies (1) of 52237
 
>>>lets say that the historical P/E for the NDX is around 30-40, that RUBBERBAND may bring it to the 20-25 region or lower.<<<

Unfortunately, the earnings of many NDX companies are dropping also, compounding the rubber band effect-- which would lead prices even lower.

I know you don't work in longer time frames, but have you chanced a "guessamate" as to when a real reversal might be, based on the past corrections?

Thanks.
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