Rande Is . . . HOME 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 : Rande Is . . . HOME

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rande Is who wrote (57486)	1/22/2008 9:12:45 PM
From: Rock_nj	Read Replies (1) of 57584

It was only two years ago that the DOW was trading at 11,000 and the NASDAQ was trading at 2,000. Not hard to imagine seeing these indicies trade back at those levels? They could go down a lot further (lest we forget the 80% plunge the NASDAQ took from years 2000 to 2002), but I think the P/Es are telling us the market is fairly valued, as P/Es are very close to historic norms. Rande, Any thoughts on Peak Oil? I think the world running out of oil supplies is going to be a much bigger shock than the subprime meltdown. Our modern economy literally runs on oil. There are signs that peak oil is either occuring now or is very close. If peak oil happens and we aren't ready to switch to a new energy source(s), then the market meltdown will be severe and last a long time.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next