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


To: Psycho-Social who wrote (69239)5/20/2002 12:30:39 AM
From: LTK007  Respond to of 99280
 
<As the sector recovers, there will be a moderating of longer term expectations that will compress P/E ratios.> i like that sentence.
<On the negative side, Long-term Nasdaq Market sentiment is dropping rather precipitously. It seems to lead by 1.5 to 3 months, but hasn't been fully validated.> interesting, this would be one to really follow through on, and see how it works out.
<On the positive side, 4-Year Info Tech Business Expectations (1.5 to 4wk lead) rose to a peak this past week (and could go higher still).> is this a measure of management feeling or of economist? (would prefer management opinions.) can it be volatile? in otherwords subject to rather abrupt optimistic/pessimistic mood swings?
My near term views, will be influenced much by the first or first and second day of this week. Max