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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (6403)	4/12/2001 12:31:28 AM
From: 16yearcycle	Read Replies (1) \| Respond to of 57684

I am looking at charts and I realize that the nasdaq is almost exactly where it was 40 months ago. One chart is telling me it is down from 40 months ago, by 3%, which I think is wrong, but it's incredible isn't it? There friggin morons have been hollering about pe's on the nas 100...what were they saying 40 months ago? Most of these companies are at least twice as big, some are 5-10x more profitable. A few have huge losses that skew the results but don't bring that up with a bear genius. They are busy explaining the wrong monetary measure to you and why we are going to have 40% inflation soon. What a TOTAL brain fart this is!! A complete seizure caused by new investors who have been around for only a few years and had no idea at all what they were into, what it was worth, and what they were doing.