SI
SI
discoversearch

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 : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Investor-ex! who wrote (28997)9/26/1998 2:08:00 AM
From: Berney  Read Replies (2) of 94695
 
As I understand, most folks (with the exception of Jim) are forgetting that 1929 was a BIG up year. I believe that 1929 and even 1987 are not the problem. The problems, as I see it, are 1930-32 and 1973-74 as expectations met reality.

All one needs to do is look at the Big ones. When expectations exceed reality for GE, MSFT, XON and KO it can not be pretty in how it is eventually resolved. Just consider the current PE against the projected growth rate of EPS and historical average PE.

That said, we have to go through a speculative blow-off. Some folks feel like we already have done this, I don't.

Of course, JMHO and BWDIK

Berney
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext