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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject4/9/2002 12:08:44 PM
From: TechTrader42   of 1487
 
Thanks for all your notes steering me toward the bargains among the dotcoms. I did make a decision to buy CMdotcom at $163.5 in January 2000, and I really think the investment is looking good, all things considered (especially since the stock is still priced above $1.00). One has to be prepared for gyrations in price in this volatile market, of course.

How curious that it doesn't have a P/E, and that the average earnings estimate for next year is minus 0.21.

How often do stocks rally back from the single digits?

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