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Strategies & Market Trends : Moguls Gold- A Thread That Thinks Like a Fund Manager -- Ignore unavailable to you. Want to Upgrade?


To: SouthFloridaGuy who wrote (161)10/12/2000 5:16:27 PM
From: vampire  Read Replies (1) | Respond to of 303
 
Naz 2600 may be here next week at rate we're going - the scary thing is that market's p/e is still above the norm (much less bear market levels)

I believe S & P p/e is around 25 now - norm is 15 to 17 - bear market is 10 (or lower)



To: SouthFloridaGuy who wrote (161)10/12/2000 5:20:13 PM
From: swisstrader  Read Replies (2) | Respond to of 303
 
"Like I said in Spring, Nasdaq 2900 is the first main line of defense."

Actually what you said on May 24, 2000 was that the Nasdaq would be at 2800-2900 IN JUST 6 WEEKS" (see link below), so to be truthful, you were off in your market timing by almost four months and further, the markets raged shortly after you issued that warning.

Message 13763954