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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (3269)11/5/2001 6:35:42 PM
From: marginnayan  Respond to of 99280
 
It will like people talking about the bubble all the way from 3000 to 5000 on NASDUNG. No doubt Cisco is leading this once again if it can. After hours high on Cisco 18.90 if one believes in after hours.



To: mishedlo who wrote (3269)11/5/2001 6:38:09 PM
From: Qualified Opinion  Respond to of 99280
 
Mishedlo, good post. Some investors overlook market valuation including the many stock splits over the last 5 and 10 year periods.



To: mishedlo who wrote (3269)11/5/2001 6:48:11 PM
From: Frederick Langford  Read Replies (1) | Respond to of 99280
 
How can you not see a bubble?

Perhaps it's a matter of semantics. I definitely believe that the Naz is overbought. But a bubble? Just don't see, what I perceive as a bubble, not at 1800.
No question, there are some high PE's.
Using PE's I guess we'd have to be at Naz -1000 to get to reasonable sounding PE's.

Fred



To: mishedlo who wrote (3269)11/5/2001 10:17:27 PM
From: Estimated Prophet  Read Replies (1) | Respond to of 99280
 
Whether it is "logically" a bubble is not the issue. I agree it probably is. The relevant question is when is it going to burst. I went all cash then started shorting when NAZ hit 2700 and I lost a ton trying to find the top back in fall 99. Be careful with your broad generalizing statements.