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

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To: SOROS who wrote (39326)3/9/2002 12:18:20 PM
From: Israel  Read Replies (2) of 99280
 
couldnt agree more.. Just like during the late 90's much was said about the 'peace dividend', the idea that higher valuations were justifiable in part because of the end of the cold war, something should be said about stock valuations discounting the possibility (matter of time imo) of further attacks, war etc. With the Dow only 1000 points from its bubble high of 2000 and the NAZ still showing obscene valuations, the market has far from discounted this reality.

Israel
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