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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (13483)7/17/2002 9:42:48 AM
From: High-Tech East  Read Replies (1) | Respond to of 19219
 
... J.T., is this the beginning of the big melt-up, my friend? ...

... if it is, where do you think the S&P, Dow and Nasdaq Composite will be on September 1st? ...

Ken



To: J.T. who wrote (13483)7/17/2002 10:06:34 AM
From: Softechie  Read Replies (3) | Respond to of 19219
 
JT It's OK to come out today...LOL! Check MXT and see where market is heading...



To: J.T. who wrote (13483)7/17/2002 10:16:58 AM
From: marginmike  Respond to of 19219
 
J.T in 1998 Qcom had an 18 forward pe, SAWtek 6, SUnw 15. I could go on and on. The interet rates were at an equally low yield. The valuations are still way to high considering the high level of consumption we are coming off of. When the bull was nuts Qcom had a 250 pe way above norm. At 30pe its not way below norm, might be a litlle but not extreme enough. Your comentary just doesnt jive with valuations. IMHO


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