SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (78651)3/12/2001 12:22:21 AM
From: Box-By-The-Riviera™  Respond to of 436258
 
what about naz 1004 <vbg>



To: Haim R. Branisteanu who wrote (78651)3/12/2001 12:32:30 AM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
Haim,

You opine that "there are more funds". In other words, this makes this time different. So, you have found the way to avoid bear markets. It's a money tree. This can not be true. If you concede that we have not found a way to eliminate bear markets, then give the bear its due and let it run its course.

I am not saying we go to 1000 any time soon. I do think however that now, the chances of us getting there in the next few years is a decent bet. In between there will be wonderful rallies, some sharp, some long.

I read a nice quote this weekend. I can not recall the exact words,
but it went like this:

In 1929 the late longs were taken out.
In 1930 most other longs were taken out.
In 1931 the *smart* longs were taken out.
In 1932 the *really smart* longs were taken out.


I know, can't happen ever again while there is so much money looking for a home. -g

Who knows. It's a once in a lifetime lesson either way.

Cheers.



To: Haim R. Branisteanu who wrote (78651)3/12/2001 12:50:55 AM
From: chic_hearne  Read Replies (1) | Respond to of 436258
 
There is a big difference between today stock market levels, last March and the dire predictions of SPX 900 and NAZ 1000. As NASDAQ 5000 was way excessive so will be NAZ 1000 way to pesimistic.

So I guess my target of 500-700 on the Naz is not within reality? -ggg- [no worries, people tell me I live in my own reality all the time]

Take a look at prices of the NDX 100 and tell me a 50% haircut [at least] is still not in order, and this pretty much mirrors where the Naz as a whole trades. One only needs to look at the likes of the big caps, ie, Crisco, Intel, Sun, Microsoft, Oracle, etc to see we are headed for much more pain. JMHO



To: Haim R. Branisteanu who wrote (78651)3/12/2001 1:01:25 AM
From: AllansAlias  Read Replies (4) | Respond to of 436258
 
Haim,

If the NASDAQ were to drop to 1000 tomorrow, an event I consider even more unlikely than me going long some SEBL in here, then we would still have maintained an 11% annualized growth rate out of the 1990 low. That is very respectable vis a vis historic norms, such as the S&P.