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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (20070)11/28/2000 12:55:13 PM
From: marginmike  Read Replies (1) | Respond to of 65232
 
Limitex earnings levels have increased 30-40% since then at least. It really depends how bad the recession is, that is the one aspect I dont know. There is a huge debt load outthere and we could have a nasty hangover. I still think 2200 will be the worst.



To: marginmike who wrote (20070)11/28/2000 12:57:21 PM
From: limtex  Read Replies (1) | Respond to of 65232
 
mm- There is still alot of fat IN Biotech and emlx, VRTS that could get us there without taking the morbid that much further down. Though I think CSCO needs to b in the 30's

OK MM but how does one justify a market being anywhere less than 30% or so lower than it was when the economy was boomming. IE 30% less than 2,000?

Best regards,

L


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