Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: JSB who wrote (2877)	10/1/2007 6:19:07 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 6370

I don't think this is a 2000 situation. U.S. stocks are not in a bubble, in fact, if you look at the indexes in terms of Euros or ounces of gold (i.e. inflation adjusted) they haven't done very well - and you also don't have a lot of $20 billion cap. companies with no earnings like you did back then. P/Es are actually pretty tame. I do think this is more of a reaction to way too many housing bears, way too many dollar bears, and way too much worry and apocalyptic thinking.