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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: longdong_63 who wrote (44294)9/21/2001 11:27:52 AM
From: jpdunwell  Read Replies (2) | Respond to of 100058
 
LD, genuinely interested in what you base this statement on:

<<The bubble has already been deflated...this is just sheer panic. >>

Fundamentally, it appears to me that we are not even approaching historical fair value yet, let alone pricing in the apparent worldwide recession. In times such as these, valuations historically trade well below the norm, indicating that there is still plenty of room to the downside. I think the pedulum is just beginning to swing the other way, and I see very little sign of panic... yet.

JP