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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: FR1 who wrote (8999)11/28/2001 8:18:06 PM
From: Fiscally Conservative  Read Replies (1) of 99280
 
FR1
"Without the internet we would really have a major disaster/recession where stocks went nowhere forever"

I thought it was the "internet" that had caused all this massive over-valuations. Afterall,if it wasn't for the dot com's and bandwidth fever the market might have found some other reasons to run itself-"to the moon". Let me not forget deregulation rules enacted by our FED boys or 401ks are here to stay mentality. Pump it all to the moon. There simply is no other way to make money soooo easy. Lets forget about valuations,lets forget about earnings( except for exceptable PE's of at least 60+ )price to sales is the way to evaluate future winners. With so much money being channelled in the acceptable excuses for standardize evaluations will only grow(even in Bear markets)
enough of my rantings...
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