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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Paul A who wrote (23036)8/6/2001 9:56:07 AM
From: Crimson Ghost  Respond to of 30051
 
Certainly technical and cycle analysis are very important tools. But I prefer to use them as adjuncts to -- not instead of -- valuation analysis. Now it is true that all previous valuation yardsticks were TEMPORARILY suspended during the bubble. But in a post bubble world investors who ignore valuation will do so at their peril.