P&S and STO Death Blow's Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : P&S and STO Death Blow's

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: 16yearcycle who wrote (5320)	9/20/2002 8:48:33 PM
From: mishedlo	Read Replies (1) of 30712

From a FA basis - we should fall by 60% more. Naz and S&P and DOW. All of them. PEs are thru the roof. There are no earnings. Stock options eat up most of the profits that are there (if indeed there are) 1995 had the bubble years to look forward to as well as PC replacemnent cycles that we on the order of being obsolete in 3 months not 5 years. Insane growth in fiber 95% of which is unlit. There are no applications that require new PCs. Corporations are in a cost cutting environment. We have a huge credit fiasco brewing. Bankruptcies are rising, debt at all levels is thru the roof, balance of trade is at punishing levels, medical costs are rising, everybody that needs a new car bought future year sales with 0% financing. It is optimistic to think we only fall 50% from here on a FA basis. So FA says down. TA says down. Retrace says down. Valuation says down. Debt says down. Impossible to maintain consumer spending says down. How many downs do you need? As Jeff suggested, DOWN it is! Only question is how long the inevitable is delayed. M

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next