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Strategies & Market Trends : 50% Gains Investing
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To: Mao II who wrote (3260)2/26/1999 5:29:00 PM
From: Dale BakerRead Replies (1) of 118717
 
Overdone which way, the trailing PE's of 70 - 80 on stocks with 30-40% growth or taking stocks which were loved two weeks ago and stringing them up now? I was just looking at my semiconductor watch list. Looks like the aftermath of a "Terminator" scene.

And I can't figure out if today was the mistake, or the last couple of months when they all ran up on nothing but hot air and expectations.

Weird market, that's my final word on a Friday.
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