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

To: Probart who wrote (95705)7/17/2002 8:55:38 PM
From: sylvester80  Read Replies (2) | Respond to of 99280
 
The question then is, would you buy a stock now that has gone up 400% when the underlying reason for that 400% increase has only gone up 18%? Sounds like a bubble to me... lol



To: Probart who wrote (95705)7/17/2002 9:13:33 PM
From: BGR  Respond to of 99280
 
Of course, when a 10% rise in internet ad volumes caused a 100% rise in the price of Yahoo, or whatever, that was considered a mania. Now, there can't be a mania in the price of gold stocks, nah! That's just solid fundamentals and low PE there pushing the price up. Or the manipulators lost control. Or whatever.


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