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

To: patron_anejo_por_favor who wrote (162959)11/9/2008 12:01:02 AM
From: PerspectiveRespond to of 306849
 
<perhaps AAPL/GOOG> Yeah, no kidding. Have you perused the individual long-term charts of the NDX100? Some of 'em could go a LONG way down before finding support. The problem with them (and actually a lot of the SPX, too) is that they all have adopted the "book value doesn't matter" theme. So, guess what happens when their earnings go away? No book value = no floor. Sure hope you don't need to raise any capital in the next coupla years...

`BC


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