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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (94093)8/30/2001 11:39:26 AM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
Tommaso with the Dow and S&P you're probably right, but the with the Nasdaq I think it's 1991.

The DOW and S&P have yet to correct to the same magnitude (or even a portion) of the Nasdaq loss. Given the valuation on the DOW 5000-6000 would seem far more realistic in this bear market assumming that any recovery is delayed until mid to late 2002 (maybe longer if the consumer cracks).

I'm prepared to go bullish, but there's nothing compelling yet imho.



To: Tommaso who wrote (94093)8/30/2001 2:41:30 PM
From: majaman1978  Respond to of 95453
 
That is 100% correct. The bull market started in Aug '82. Remember the day the Dow moved big on over 100 million shares. Volume had NEVER reached 100 million shares in its history till that date in August (not too sure of the actual DAY but it was in August).
I see an early '70's style market over the next several years, possibly longer. That market was still working off the excesses of the '60's.