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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: LPS5 who wrote (39434)10/10/2003 10:26:45 AM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 74559
 
Facts are hard data - the truth is what they mean... as you know the facts can be interpreted many ways...

We can all have the same facts and yet not discover the same truths...



To: LPS5 who wrote (39434)10/10/2003 10:31:26 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
LPS5, <<facts ... truth>> ditto what KastelCo said.

(a) The facts are the markets are up, for all the wrong reasons, and so the truth is the markets will fall, hard and deep.

(b) The fact is S&P is going for 20-35 x various earnings, and the truth is the S&P is too expensive, however measured

(c) The fact is Yahoo has the same market cap as General Motors, the truth is GM is expensive, will fall, and Yahoo will fall much more :0)

Chugs, Jay