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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (9738)7/20/2002 5:48:47 PM
From: Bruce A. Brotnov  Read Replies (1) | Respond to of 16631
 
Dave, as far as valuation, 7 of 10 stocks in Poorman's model have PE less than 15 and 3 are right near 20. I'd hardly say they are over valued. In fact the average PE for all 100 stocks in the database is 16 and well within reason.

Now we just have to wait for the investing community to figure out they have been duped.

bruce



To: Dave Gore who wrote (9738)7/20/2002 8:45:13 PM
From: mishedlo  Read Replies (3) | Respond to of 16631
 
Dave. That money leaving the stock markets these past few weeks is not going back into stocks soon if EVER IMO.
M



To: Dave Gore who wrote (9738)7/20/2002 8:50:24 PM
From: mishedlo  Read Replies (1) | Respond to of 16631
 
The main fear I have is the housing bubble bursting.

Debt implosion (consumer, corporate, state, federal, every level)
Derrivative failure
Currency failure
Housing bubble
Trade imbalance

Those should all be concerns and I might suggest debt implosion or credit crunch is gonna be the big disaster. The housing bubble collapse is a given as is unsustainable trade balances. US$ collapse is possible if not likely as well.

M