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


To: SirRealist who wrote (2643)6/24/2001 9:13:20 PM
From: ChrisJP  Respond to of 9026
 
Hi Kevin, my numbers are just guesses, but .....

they are based on the belief that the giants of the market cap weighted NASDAQ composite, like MSFT, ORCL, SUNW, INTC, DELL, YHOO -- will only drop ON AVERAGE -- 40% to 50% from current levels.

And it will take a while for their valuations to adjust to the realities of their lower earnings growth rates.

The other thing I'm looking for is much lower average daily volume. For the NASDAQ, I'd like to see 700M - 1.1B shares average ... or less.

I can't wait.

Regards,
Chris