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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (53549)10/2/2001 3:24:25 PM
From: Sam Citron  Read Replies (2) | Respond to of 70976
 
With so many advisors citing high Nasdaq 100 P/E as major justification for being so bearish on tech, I thought I'd like to find out exactly what it is now and where it has been through other cycles. Surprising thing is that it is very difficult to find this statistic on the web. And the only Nasdaq 100 P/E chart I could find is over a year old.
cumber.com



To: Gottfried who wrote (53549)10/2/2001 7:40:04 PM
From: StanX Long  Respond to of 70976
 
Gottfried, you posted That makes the case for not trading QQQ because many poor performers are keeping it down

I asked about this yesterday and with Mike's response and now your's, I am glad I sold the 1000 shares of QQQ today (bought yesterday) with 1.5% positive return.

I will hope to leave this in cash "for a while".

Stan


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