Semi Equipment Analysis 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.

Technology Stocks : Semi Equipment Analysis

SOXX 306.14

+0.4%

Dec 24 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Cotter who wrote (8892)	3/5/2003 11:23:33 AM
From: Return to Sender	Read Replies (1) of 95632

I read Dr Bob every morning. He has been bearish for a long time and correctly so but we are still going to get some strong bear market rallies this year. Unfortunately I no longer expect this bear market will give way to a bull market any time soon but I could change my mind if we sell off enough. The latest from Chart of the day on valuations: chartoftheday.com Last March, we sent out the following chart on the S&P 500 PE ratio, which suggested that stocks were expensive. With the S&P 500 down 28% since then, are stocks cheap now? With the PE ratio currently at a relatively high 29, stocks still appear to be somewhat pricey. But if you assume that the PE ratio's current 15-year trading range will hold, you could argue that a significant rally is not too far off. Though it should be noted that the S&P 500 could decline 10-15% within the next few months and the PE ratio would still remain above the lower trendline. Stay tuned... Click the link to see the charts! chartoftheday.com Thanks, RtS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next