MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: lifeisgood who wrote (11321)	3/25/2002 1:22:25 PM
From: David Howe	Read Replies (2) of 19219

<< 3. The current market bubble will burst just like it did the last time PEs were this outrageous (Spring, 2000) and the resulting 50% haircut will bring the Comp to around 1000. >> But in the spring to 2000 earnings were peaking out and set to plummet. Now, earnings are bottoming out and are set to spike upwards and begin a new growth cycle. Do you see the differences between spring 2000 and now? Dave

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