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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: LiPolymer who wrote (11647)2/23/2001 3:58:35 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
LiPolymer, careful there, the Naz here is at a PE of about 47 (according to CNBC' calculations), a PE of 20 is a long way down...I calculated recently the PE of the 10 largets Naz stock and came up with 37, still rich... but can stay richer. I, for one beliebve that we are near a bottom here (and have said that numerous tiimes), I just think we will have additional palpitations as the bear finally dies...

Zeev