Zeev's Turnips - No Politics Message Board

STOCKTALK

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 : Zeev's Turnips - No Politics

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: t2 who wrote (31505)	2/20/2002 8:41:08 PM
From: LTK007	Read Replies (1) of 99280

<Just wonder if the Nasdaq can go into a steep decline and the old economy still make gains.. yes IF (and that is a huge if): if public can be driven away from The Casino and start developing a new attitude. But i still sense an addiction to techs that can't be cured without great pain. That is regrettable but probably sadly true. I see even Leuthold, a traditionally conservative investor announced he has gone to techs as his heaviest weighting,something like 35%. SPX500 trailing P/E chart 1991 to now can be found in fortune magazine 2/18,page 130. This chart however is not on it's website. Trailing P/E from about mid 94 to mid 96 was in a range of 16 to 18-1. We have not been below 25-1 since late 1998 (except for a moment in early 2001),and we are now at about 33-1. Based on earnings estimates for 2002(which up until this moment are weighted for a strong recovery this year),the forward earnings be 23-1(and that will, i feel prove to be wrong).max

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next