MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: HairBall who wrote (77972)	6/5/2001 10:28:52 AM
From: Alex MG	Read Replies (1) of 99985

Well, I am just going by historical valuations and historical cycles... More into fundamentals myself. I think it's likely the blow off top last year in the Naz was just the start of an overdue multi-year correction or at least a long trend of underperformance by equities... I just can't ignore them pesky p/e ratios, meanwhile the Naz is rockin!... thanks for your thoughts

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