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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: mishedlo who wrote (3269)11/5/2001 6:48:11 PM
From: Frederick Langford  Read Replies (1) of 99280
 
How can you not see a bubble?

Perhaps it's a matter of semantics. I definitely believe that the Naz is overbought. But a bubble? Just don't see, what I perceive as a bubble, not at 1800.
No question, there are some high PE's.
Using PE's I guess we'd have to be at Naz -1000 to get to reasonable sounding PE's.

Fred
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