Zeev's Turnips - No Politics Message Board

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

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To: Zeev Hed who wrote (61714)	5/5/2002 7:09:32 AM
From: Rick Storm	Read Replies (1) of 99280

Zeev, thanks for your answer. I am confused about what is happening in the stock market. Lots of people say the days of long term bh are over and that the naz is falling because of the discounting of the double dip recession and hi valuation in tech . What I see is a huge bull run in the restaurant stocks and small banks, home bldrs. Ann taylor has gone up @3x since Semptember. Its p/e is now I think trailing @40. If the double dips is coming, why are these stocks flying? I dont seen alot of this discussion here; I am neutral here and have no agenda, so I hope the bears wont have my head<g>. But I am missing something in my understanding; if the naz goes to 1000, will annn Taylor be 80 by then? thanks, Rick

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