SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: William H Huebl who wrote (56653)2/2/2002 9:43:25 PM
From: Real Man  Read Replies (2) of 94695
 
American stock market is still valued at 130% of GDP, currently, which is about the same as Japan at 1989 peak (and that's where it is now:
thetimes.co.uk ), and 1.5x higher than at the peak in 1929 (90% of GDP)

SOX is 5x higher than in 1994, while combined earnings of SOX stocks are lower than in 1994. Not to say that we can't bounce further, but the recovery and zoom past new highs??? Also possible, to create the biggest bubble ever, but extremely unlikely. How low will it go? Japan shows the way, and so is the history of the Great Depression...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext