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Strategies & Market Trends : The Amateur Traders Corner
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To: BelowTheCrowd who wrote (13329)9/3/2001 4:00:48 PM
From: Roger A. Babb  Read Replies (1) of 19633
 
Michael, I expect both a big sell-off and then your scenario of a long, very slow recovery as earnings catch up. But first the market must deal with a long list of still inflated stocks for which earnings will never catch up. By the time we reach bottom, there will be very few companies still standing with P/S much over 1.0
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