Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: William H Huebl who wrote (53569)	7/31/2001 8:39:38 PM
From: Real Man	Read Replies (1) of 94695

Nope... Not after the markets have been in the greatest bubble of all time, and the Dow is only down 10% from the top. Do you really expect an 8-year long bull leg from here? The markets will be priced at 1000% GDP then. IMHO they can go up some, but the longer bear has not even started yet. p/e is unreasonable for NAS, p/sales and p/book as well. What we are seeing in the market is hope; hope for a quick post-bubble recovery, which is highly unlikely. If the SCYR is 1.4, this means earnings are likely to come down, if not disappear. Rate cuts don't work in the post-bubble economy; see 1929 and Japan.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next