Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Chisy who wrote (7902)	2/14/2001 1:50:15 PM
From: James Strauss	Read Replies (1) \| Respond to of 13094

Chisy: I understand that Greenspan once aspired to be a pilot of the Hindenberg... : > Looks like he had to settle for the SS NASDAQ... : > The yearly charts show a possible bottom in the 2275 area... bigcharts.com In 1998 there was a broad range of support in the 1500 to 1800 area... If the Nasdaq P/E drops from 100 to 75 it would reflect a level in the 1800 area... Unless something is done to rev up earnings growth it's possible we could revisit this level at a still relatively high P/E of 75... Historically a Nasdaq P/E over 30 was considered high... I don't even want to speculate what would happen if the Nasdaq returned to normal historic P/E's below 30... Jim