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.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Math Junkie who wrote (74379)4/6/2001 4:12:22 PM
From: David Howe  Respond to of 99985
 
<< This divergence shows the overvaluation. >>

I agree with Richard. This statement is false, IMO. The fact that something has outperformed an index has absolutely no bearing on whether it is over or undervalued.

It's earnings could be up 2000% compared to the index of only 200%.

The chart is irrelevant.

Note: I know nothing about the particular stock in question.

Dave



To: Math Junkie who wrote (74379)4/6/2001 4:59:46 PM
From: Doug  Respond to of 99985
 
R.P: I first posted the chart a month ago stating the SOX was overvalued. ALTR was $28+ and it has dropped closing into the NAZ.

You may well have an alternate view and a correct one. In any case ,it is what makes a market interesting.!


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News