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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: SirRealist who wrote (35706)3/6/2001 7:32:32 PM
From: DebtBomb  Respond to of 49816
 
No doubt, we're seeing some bottoming action in the Nasdaq recently. But, I'll tell you, that SOXX needs a pullback, don't know if it will happen or not though. Sometimes, the Nasdaq can hold up, even if the SOXX gives a pullback. They kind of diverged recently. If we would close green tomorrow in the Nasdaq, 3 days in a row, that would really be something, I'm not too hopeful at this point, but who knows.



To: SirRealist who wrote (35706)3/6/2001 9:42:39 PM
From: Jack Hartmann  Respond to of 49816
 
NEWP PE based on $1.50 of earning for 2001 gives it a 26. Pretty reasonable. Yahoo has 52 PE based on trailing 12 months.

Jack


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