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Non-Tech : Money Managers after the Perfect Storm

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To: Skeeter Bug who wrote (12)2/26/2002 8:45:59 AM
From: RetiredNow  Read Replies (1) of 46
 
Hi Skeeter, so you think we haven't experienced a big bust? If going from a high of 5500 to 1700 on the Nasdaq isn't a big bust, I don't know what is. I think the big bust must have escaped your observation. :) Seriously, though, you should talk to all those people who've had to put off retirement indefinitely and ask them whether they think this market has corrected. Yes, the S&P500 is at historically high PEs, but take away the top 50 and the rest are at historically low PEs. Good buys. You just have to know where to look and it isn't in the large cap area.
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