Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (26264)	2/1/2002 6:51:44 PM
From: orkrious	Read Replies (3) of 99280

The inability of the Naz to get above 2000 here in the near future might shorten that time table. Hmmm, we go to 1600 before June? No surprise. Liquidity will only take us so far. With ENE, there's been a huge change in sentiment. People are actually starting to question the worth of these companies. Someone just posted one of Fleck's comments tonight: "The cash earnings per share for the basket of stocks representing the current Sox index is expected to be 15% lower in 2002 than it was in 1994. But here's the real kicker: The price of this basket of stocks (weighted according to the current index) has increased over five-fold since the same week in 1994."

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