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Strategies & Market Trends : 50% Gains Investing

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To: TWICK who wrote (66492)10/7/2008 8:12:46 PM
From: Jurgis BekepurisRead Replies (1) of 118717
 
look at charts for most stocks after the 2000 crash

Nonsense. Nothing in 2000 applies to today's situation. Most stocks in 2000 crash had no sales or no earnings or were trading at astronomical multiples. While stocks in current crash have sales, have earnings, are trading at PEs in single digits and sometimes even have net cash that is larger than current market cap. You could argue that companies will start losing money soon, but it's not given.
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