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.

Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: fedhead who wrote (45387)	10/9/2008 11:59:38 AM
From: Doren	Respond to of 57684

You are right. I watch them but I hadn't noticed the Shanghai composit is down to 2000 from 6000. I generally take a look here in the evenings. finance.yahoo.com Perhaps our viewpoint is myopic. Huge amounts of money taken out of Asian market has not flooded into gold or oil. So there is a lot of cash there too. Just off my head it seems like there is more cash out there than ever waiting to find a new home. The Nasdaq seems to be showing some resistance where the Dow keeps heading down. Apple is resistant at 90 wt PE 17 as Lizzie has indicated. If Anindo is right Apple might hit 70? That would give Apple a PE of 13. Sheech.