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

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To: limtex who wrote (36108)3/2/2002 12:37:35 PM
From: dpstark  Read Replies (1) of 99280
 
limtex-
"ZH - It will if there is truly a recovery underway. Seems to me that there is. There are however quite a few hedge funds and shorts out there that continue to believe that the market is in a downtrnd. They need to be disabused of this and as their negative influence wanes the market will recover in sync with the economy."
With the dow within about 10% of an all-time high and assuming nazdaq 5000 was a bit of a bubble I am wondering what level you believe the markets are going to recover to? What is a reasonable price to pay say MSFT, BRCM, AMAT, CSCO, etc.
Those stocks were just off the top of my head so feel free to use other examples if you like, I am just wondering where this market recovery is supposed to lead us.
Cheers, Stark
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