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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (7672)12/30/2002 10:43:46 PM
From: Lizzie TudorRead Replies (2) | Respond to of 306849
 
if the south african rand is going UP against the dollar, which is similar to the situation with china stocks I own, then that should provide a tailwind and make those stocks go up... is that what you are saying wrt gold?

Because my question is, why is gold going up while the stocks like drooy are nowhere near the yearly highs. I would expect a falling dollar to propel these stocks.

edit- oh sorry I am replying to another post from you



To: ild who wrote (7672)12/31/2002 12:08:28 AM
From: Wyätt GwyönRespond to of 306849
 
business is very risky therefore tech stocks do not deserve high P/E

not only risky, but very prone to obsolescence! so not very profitable over the long run in general. the persistence of above-market PEs in tech is an excellent sign that the mania mindset still prevails.


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