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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (4963)2/18/2000 7:47:00 PM
From: JDinBaltimore  Respond to of 5676
 
Hi William,

I was looking for the other pieces of the thread.. So at 16X current earnings you would put GE @ 51? Although this seems impossible, I believe it may see that. I also think that once DOW breaks under 10K next week this will be the last time we see this level for quite some time. I don't know what your experience (in years) is with the market... But I've been in them for over 20 years, and if you have never been through a Bear Market, prices like you are mentioning are very real, and I think a lot of the new investors won't believe that until they see it printed.

Best Regards
John