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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: megazoo who wrote (18)5/11/2000 3:53:00 AM
From: Lutz Moeller  Read Replies (2) | Respond to of 57684
 
Hi folks,

I am out since yesterday. Continuing 7% drops in my Portfolio are two much for me. I remember 1996 when the average Value Line PE went from 14 to 17 and Jim Jubak wrote in Worth "Can this market be trusted"? The answer that Year was, when unemployment sank from 5,6% to 5,2% the Market tanked. After that one could in Autumn pick up Quantum (great profitable growth that year) for PE of 5.

How far shall Techs correct this time, I wonder?

Lutz